Bank OZK (NASDAQ:OZKAP) Short Interest Down 59.8% in July

Bank OZK (NASDAQ:OZKAP) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 4,300 shares, a decline of 59.8% from the June 30th total of 10,700 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is currently 0.1 days.

Bank OZK Stock Performance

Shares of OZKAP traded up $0.12 during trading hours on Thursday, hitting $17.56. The stock had a trading volume of 27,820 shares, compared to its average volume of 31,724. Bank OZK has a 12 month low of $14.37 and a 12 month high of $18.00. The stock has a fifty day moving average price of $16.13 and a 200 day moving average price of $16.64.

Bank OZK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.2891 per share. The ex-dividend date is Thursday, August 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.58%.

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.