Short Interest in Bank OZK (NASDAQ:OZKAP) Decreases By 63.9%
by Michael Walen · The Markets DailyBank OZK (NASDAQ:OZKAP – Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 2,250 shares, a decline of 63.9% from the November 30th total of 6,240 shares. Based on an average trading volume of 27,763 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 27,763 shares, the short-interest ratio is presently 0.1 days.
Bank OZK Price Performance
Bank OZK stock traded up $0.08 during mid-day trading on Friday, reaching $16.35. 45,781 shares of the company’s stock traded hands, compared to its average volume of 27,118. Bank OZK has a 12-month low of $15.69 and a 12-month high of $18.08. The stock has a 50 day moving average of $16.67 and a two-hundred day moving average of $16.95.
Bank OZK Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 3rd were paid a dividend of $0.2891 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.1%.
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.