Bank OZK (NASDAQ:OZKAP – Get Free Report) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 2,250 shares, a decline of 63.9% from the November 30th total of 6,240 shares. Based on an average daily trading volume, of 27,763 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 27,763 shares, the short-interest ratio is presently 0.1 days.
Bank OZK Stock Up 0.5%
NASDAQ OZKAP traded up $0.08 during midday trading on Friday, hitting $16.35. 45,781 shares of the company traded hands, compared to its average volume of 27,118. Bank OZK has a 52 week low of $15.69 and a 52 week high of $18.08. The company’s 50-day simple moving average is $16.67 and its 200-day simple moving average is $16.95.
Bank OZK Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were paid a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.1%. The ex-dividend date was Monday, November 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.
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