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

Bank OZK (NASDAQ:OZKAP) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 4,601 shares, a decline of 81.5% from the August 31st total of 24,900 shares. Based on an average daily trading volume, of 62,470 shares, the days-to-cover ratio is presently 0.1 days.

Bank OZK Trading Down 0.6%

Shares of OZKAP stock traded down $0.09 on Friday, hitting $15.01. The company had a trading volume of 36,544 shares, compared to its average volume of 28,580. The stock’s 50-day moving average is $15.94 and its two-hundred day moving average is $16.22. Bank OZK has a twelve month low of $14.95 and a twelve month high of $17.85.

Bank OZK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were paid a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend was Monday, August 3rd.

Bank OZK Company Profile

Bank OZK is a regional banking company headquartered in Little Rock, Arkansas. The institution provides banking and financial services to individuals, businesses, and institutions through its banking subsidiary, Bank OZK. Its offerings include checking and savings accounts, certificates of deposit, commercial and consumer loans, residential mortgages, treasury management, wealth management, and other deposit and lending products.

Bank OZK is particularly known for its commercial real estate lending business, including construction and development financing for multifamily, office, hotel, condominium, and other large-scale projects.