So it would stand to reason that should some unexpectedly good news come out, and short sellers did not have 24 days of patience but instead wanted to cover their short positions very suddenly, that situation could result in sending the stock higher until the higher price produces enough sellers to generate the necessary volume to close out those positions quickly.

Bank of the Ozarks, Inc. ( OZRK) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, OZRK has seen 4 different instances of insider buying, as summarized by the table below:

Purchased Insider Title Shares Price/Share Value
04/16/2013 John B. Reynolds Director 655 $40.42 $26,475.10
04/16/2013 Nicholas A. Brown Director 700 $40.14 $28,095.20
04/19/2013 Jean Arehart Director 1,000 $40.40 $40,398.00
04/23/2013 Peter C. Kenny Director 2,000 $40.73 $81,470.00

Below is a chart showing the "days to cover" for OZRK over time:

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