Regency Centers Co. (NASDAQ:REGCO – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,847 shares, a drop of 46.8% from the July 15th total of 5,348 shares. Based on an average trading volume of 2,149 shares, the short-interest ratio is currently 1.3 days.
Regency Centers Stock Up 0.9%
Regency Centers stock traded up $0.19 during midday trading on Friday, hitting $22.22. 2,085 shares of the stock were exchanged, compared to its average volume of 4,515. The company has a fifty day simple moving average of $22.01 and a two-hundred day simple moving average of $22.19. Regency Centers has a 52 week low of $21.35 and a 52 week high of $24.24.
Regency Centers Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be issued a $0.3672 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.47 annualized dividend and a yield of 6.6%.
Regency Centers Company Profile
Regency Centers Corporation is a real estate investment trust (REIT) that owns, operates and develops grocery-anchored shopping centers throughout the United States. The company specializes in open-air retail properties centered around daily needs retailers such as national and regional grocers, pharmacy chains and service-oriented tenants. Regency manages both stabilized portfolios and development pipelines, offering leasing, marketing, facilities management and redevelopment services to optimize occupancy and tenant mix.
Headquartered in Jacksonville, Florida, Regency Centers maintains a presence in more than 30 major metropolitan markets, with concentration in the Southeast, Texas, Southern California and select Midwestern and West Coast regions.
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