Short Interest in Bank OZK (NASDAQ:OZKAP) Declines By 34.5%

Bank OZK (NASDAQ:OZKAP) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 18,000 shares, a decline of 34.5% from the February 28th total of 27,500 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is presently 0.6 days.

Bank OZK Stock Performance

Shares of NASDAQ OZKAP traded down $0.07 during midday trading on Monday, hitting $16.28. 92,874 shares of the company’s stock were exchanged, compared to its average volume of 31,101. Bank OZK has a twelve month low of $15.11 and a twelve month high of $19.88. The stock’s 50 day moving average price is $17.37 and its 200-day moving average price is $17.55.

Bank OZK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were paid a $0.2891 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.16 annualized dividend and a dividend yield of 7.10%.

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.