Bank OZK (NASDAQ:OZKAP) Short Interest Up 196.0% in June

Bank OZK (NASDAQ:OZKAP) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 28,333 shares, a growth of 196.0% from the June 15th total of 9,571 shares. Based on an average daily volume of 38,323 shares, the short-interest ratio is currently 0.7 days.

Bank OZK Price Performance

Shares of NASDAQ:OZKAP traded up $0.04 on Tuesday, reaching $16.36. The company’s stock had a trading volume of 19,080 shares, compared to its average volume of 27,208. The stock’s 50-day moving average is $16.29 and its two-hundred day moving average is $16.47. Bank OZK has a 52-week low of $15.76 and a 52-week high of $17.85.

Bank OZK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be given a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, August 3rd.

About Bank OZK

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.