Short Interest in Bank OZK (NASDAQ:OZKAP) Declines By 26.7%

Bank OZK (NASDAQ:OZKAP) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 27,500 shares, a decline of 26.7% from the February 13th total of 37,500 shares. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 0.8 days.

Bank OZK Price Performance

Shares of NASDAQ OZKAP traded up $0.13 during trading on Friday, hitting $17.10. 18,063 shares of the company traded hands, compared to its average volume of 31,164. The business’s fifty day moving average is $17.26 and its 200 day moving average is $17.57. Bank OZK has a fifty-two week low of $15.11 and a fifty-two week high of $19.88.

Bank OZK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2891 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.16 annualized dividend and a dividend yield of 6.76%.

About Bank OZK

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.