Bank OZK (NASDAQ:OZKAP) Stock Short Interest Declines 81.5%

Bank OZK (NASDAQ:OZKAP – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,601 shares, a decrease of 81.5% from the August 31st total of 24,900 shares. Based on an average trading volume of 62,470 shares, the short-interest ratio is presently 0.1 days.

Bank OZK Price Performance

Shares of NASDAQ:OZKAP traded down $0.09 during trading on Friday, reaching $15.01. 36,544 shares of the company’s stock traded hands, compared to its average volume of 28,580. Bank OZK has a fifty-two week low of $14.95 and a fifty-two week high of $17.85. The company has a 50-day simple moving average of $15.94 and a 200-day simple moving average of $16.22.

Bank OZK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2891 per share. The ex-dividend date was Monday, August 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 7.7%.

Bank OZK Company Profile

(Get Free Report)

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.

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