Bank OZK (NASDAQ:OZKAP) Short Interest Up 106.5% in July

Bank OZK (NASDAQ:OZKAP) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 33,554 shares, an increase of 106.5% from the July 15th total of 16,250 shares. Based on an average daily volume of 20,877 shares, the days-to-cover ratio is presently 1.6 days.

Bank OZK Stock Performance

Shares of Bank OZK stock traded up $0.03 during midday trading on Friday, hitting $16.17. The company had a trading volume of 10,146 shares, compared to its average volume of 26,151. Bank OZK has a 52-week low of $15.76 and a 52-week high of $17.85. The company has a 50 day moving average of $16.23 and a 200 day moving average of $16.41.

Bank OZK Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Monday, August 3rd.

Bank OZK Company Profile

Bank OZK, formerly Bank of the Ozarks until its rebranding in 2018, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank has expanded through both organic growth and strategic acquisitions to serve clients across the Southeast, Southwest and select Northern markets. Its operations include a network of branches and loan production offices in states such as Arkansas, Alabama, Florida, Georgia, North Carolina, New York, Texas and California.

The bank’s core business centers on specialty lending, with a particular focus on commercial real estate financing.