Bank OZK (NASDAQ:OZKAP) Short Interest Down 63.9% in December

Bank OZK (NASDAQ:OZKAP) was the target of a significant decline in short interest in the month of 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 volume of 27,763 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 27,763 shares, the short-interest ratio is currently 0.1 days.

Bank OZK Price Performance

NASDAQ:OZKAP traded up $0.11 during mid-day trading on Friday, hitting $16.38. 46,613 shares of the company’s stock traded hands, compared to its average volume of 27,123. The firm has a 50 day moving average of $16.65 and a two-hundred day moving average of $16.95. Bank OZK has a 12 month low of $15.69 and a 12 month high of $18.08.

Bank OZK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were paid a $0.2891 dividend. The ex-dividend date was Monday, November 3rd. This represents a $1.16 annualized dividend and a dividend yield of 7.1%.

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.