Bank OZK (NASDAQ:OZKAP) Short Interest Up 24.2% in January

Bank OZK (NASDAQ:OZKAP) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 23,100 shares, an increase of 24.2% from the January 15th total of 18,600 shares. Based on an average daily volume of 41,200 shares, the short-interest ratio is currently 0.6 days.

Bank OZK Price Performance

OZKAP stock traded up $0.26 during trading on Friday, hitting $17.97. The company had a trading volume of 20,754 shares, compared to its average volume of 30,758. The company has a fifty day moving average price of $16.90 and a two-hundred day moving average price of $17.52. Bank OZK has a fifty-two week low of $15.11 and a fifty-two week high of $19.88.

Bank OZK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 6.43%. The ex-dividend date is Monday, February 3rd.

About Bank OZK

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.