Regency Centers Co. (NASDAQ:REGCO) Sees Significant Decrease in Short Interest

Regency Centers Co. (NASDAQ:REGCO) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 3,240 shares, a drop of 64.6% from the April 15th total of 9,159 shares. Based on an average daily volume of 1,962 shares, the days-to-cover ratio is presently 1.7 days.

Regency Centers Price Performance

REGCO stock traded up $0.07 during trading on Thursday, reaching $22.55. 28,403 shares of the company traded hands, compared to its average volume of 5,385. Regency Centers has a 12 month low of $21.35 and a 12 month high of $24.24. The business has a 50 day simple moving average of $22.14 and a 200 day simple moving average of $22.48.

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Thursday, July 16th will be issued a $0.3672 dividend. This represents a $1.47 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Thursday, July 16th.

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.