Bank OZK (NASDAQ:OZKAP) Short Interest Down 34.5% in March

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 18,000 shares, a decline of 34.5% from the February 28th total of 27,500 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is currently 0.6 days.

Bank OZK Price Performance

Shares of OZKAP traded down $0.31 during midday trading on Friday, reaching $16.35. 51,520 shares of the stock were exchanged, compared to its average volume of 30,854. Bank OZK has a 52 week low of $15.11 and a 52 week high of $19.88. The company’s 50 day moving average is $17.37 and its two-hundred day moving average is $17.55.

Bank OZK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a yield of 7.07%. The ex-dividend date was Monday, February 3rd.

Bank OZK Company Profile

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.