Bank OZK (NASDAQ:OZKAP) Short Interest Up 151.3% in March

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 20,330 shares, a growth of 151.3% from the March 15th total of 8,090 shares. Based on an average daily trading volume, of 31,201 shares, the short-interest ratio is presently 0.7 days.

Bank OZK Price Performance

Shares of NASDAQ OZKAP opened at $16.49 on Tuesday. The company’s fifty day moving average price is $16.49 and its 200 day moving average price is $16.70. Bank OZK has a 1 year low of $15.69 and a 1 year high of $17.85.

Bank OZK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a dividend of $0.2891 per share. The ex-dividend date is Friday, May 1st. This represents a $1.16 dividend on an annualized basis and a yield of 7.0%.

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.