Short Interest in Bank OZK (NASDAQ:OZKAP) Expands By 106.5%

Bank OZK (NASDAQ:OZKAP) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 33,554 shares, an increase of 106.5% from the July 15th total of 16,250 shares. Based on an average daily volume of 20,877 shares, the short-interest ratio is presently 1.6 days.

Bank OZK Trading Up 0.2%

Shares of NASDAQ:OZKAP traded up $0.03 during trading on Friday, reaching $16.17. The stock had a trading volume of 10,146 shares, compared to its average volume of 26,151. The stock has a fifty day simple moving average of $16.23 and a two-hundred day simple moving average of $16.41. Bank OZK has a 52 week low of $15.76 and a 52 week high of $17.85.

Bank OZK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be paid a $0.2891 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 7.2%.

About Bank OZK

Bank OZK, formerly Bank of the Ozarks until its rebranding in 2018, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank has expanded through both organic growth and strategic acquisitions to serve clients across the Southeast, Southwest and select Northern markets. Its operations include a network of branches and loan production offices in states such as Arkansas, Alabama, Florida, Georgia, North Carolina, New York, Texas and California.

The bank’s core business centers on specialty lending, with a particular focus on commercial real estate financing.