Bank OZK (NASDAQ:OZKAP) Shares Shorted: Short Interest Up 277.3% in October

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 13,880 shares, a growth of 277.3% from the September 30th total of 3,679 shares. Based on an average daily volume of 33,158 shares, the days-to-cover ratio is currently 0.4 days.

Bank OZK Stock Up 0.3%

Shares of NASDAQ OZKAP traded up $0.04 during mid-day trading on Friday, hitting $14.99. The company had a trading volume of 2,300 shares, compared to its average volume of 29,951. Bank OZK has a 1-year low of $14.60 and a 1-year high of $17.28. The business’s 50-day simple moving average is $15.28 and its 200 day simple moving average is $16.15.

Bank OZK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be issued 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 is Monday, November 2nd.

About Bank OZK

Bank OZK is a regional bank headquartered in Little Rock, Arkansas. Formerly known as Bank of the Ozarks, the company provides banking and financial services to individuals, businesses and institutional clients through a network of banking offices and digital channels.

The bank offers deposit accounts, consumer and commercial loans, treasury management, private banking and wealth management services. Its lending activities include commercial real estate, residential development, corporate and specialty finance, small business lending, and personal loans.