Bank OZK (NASDAQ:OZKAP) Short Interest Up 24.2% in January

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 23,100 shares, a growth of 24.2% from the January 15th total of 18,600 shares. Based on an average trading volume of 41,200 shares, the days-to-cover ratio is currently 0.6 days.

Bank OZK Trading Up 1.5 %

Shares of Bank OZK stock traded up $0.26 during trading on Friday, hitting $17.97. 20,754 shares of the company’s stock traded hands, compared to its average volume of 30,758. Bank OZK has a 1 year low of $15.11 and a 1 year high of $19.88. The business has a 50-day simple moving average of $16.90 and a 200-day simple moving average of $17.52.

Bank OZK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be given a $0.2891 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.16 annualized dividend and a yield of 6.43%.

Bank OZK Company Profile

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.