Short Interest in Bank OZK (NASDAQ:OZKAP) Grows By 62.9%

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 18,900 shares, an increase of 62.9% from the September 30th total of 11,600 shares. Based on an average daily trading volume, of 26,700 shares, the short-interest ratio is presently 0.7 days.

Bank OZK Price Performance

NASDAQ:OZKAP traded up $0.09 on Tuesday, reaching $18.89. The stock had a trading volume of 38,645 shares, compared to its average volume of 30,366. Bank OZK has a 1-year low of $14.61 and a 1-year high of $19.88. The stock has a fifty day moving average price of $18.24 and a 200-day moving average price of $17.09.

Bank OZK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a $0.2891 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.16 dividend on an annualized basis and a yield of 6.12%.

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.