Short Interest in Bank OZK (NASDAQ:OZKAP) Increases By 52.8%

Bank OZK (NASDAQ:OZKAP) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 13,600 shares, an increase of 52.8% from the May 15th total of 8,900 shares. Based on an average daily trading volume, of 27,000 shares, the days-to-cover ratio is currently 0.5 days.

Bank OZK Trading Up 0.1 %

Shares of OZKAP traded up $0.01 during mid-day trading on Friday, reaching $15.68. 11,967 shares of the stock traded hands, compared to its average volume of 31,485. The stock has a fifty day simple moving average of $16.49 and a 200 day simple moving average of $16.67. Bank OZK has a 12-month low of $14.37 and a 12-month high of $18.00.

Bank OZK Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Monday, May 6th were paid a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a yield of 7.37%. The ex-dividend date of this dividend was Friday, May 3rd.

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.