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

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

Bank OZK Price Performance

OZKAP stock traded up $0.01 during trading on Friday, reaching $15.68. 11,967 shares of the stock were exchanged, compared to its average volume of 31,485. The business has a 50 day moving average price of $16.49 and a 200-day moving average price of $16.67. Bank OZK has a 1 year low of $14.37 and a 1 year high of $18.00.

Bank OZK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Monday, May 6th were issued a dividend of $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a dividend 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.