Bank OZK (NASDAQ:OZKAP) Short Interest Update

Bank OZK (NASDAQ:OZKAP) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 15,000 shares, a decrease of 16.7% from the March 15th total of 18,000 shares. Based on an average trading volume of 26,900 shares, the days-to-cover ratio is currently 0.6 days.

Bank OZK Price Performance

OZKAP opened at $16.29 on Wednesday. The company’s 50 day simple moving average is $16.88 and its 200-day simple moving average is $17.28. Bank OZK has a one year low of $15.11 and a one year high of $19.88.

Bank OZK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a $0.2891 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.16 dividend on an annualized basis and a yield of 7.10%.

About Bank OZK

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.