Bank OZK (NASDAQ:OZKAP – Get Free Report) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 7,600 shares, an increase of 46.2% from the November 15th total of 5,200 shares. Based on an average daily volume of 34,500 shares, the short-interest ratio is presently 0.2 days.
Bank OZK Price Performance
Shares of Bank OZK stock traded down $0.15 during midday trading on Friday, hitting $16.82. 41,669 shares of the company were exchanged, compared to its average volume of 31,858. The firm has a 50 day simple moving average of $18.07 and a 200-day simple moving average of $17.28. Bank OZK has a 52 week low of $15.11 and a 52 week high of $19.88.
Bank OZK Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a dividend of $0.2891 per share. The ex-dividend date was Friday, November 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.87%.
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.
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