Regency Centers Co. (NASDAQ:REGCO) Short Interest Up 73.5% in May

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 6,330 shares, an increase of 73.5% from the May 14th total of 3,648 shares. Based on an average daily volume of 4,269 shares, the short-interest ratio is presently 1.5 days.

Regency Centers Price Performance

NASDAQ REGCO traded up $0.12 on Monday, reaching $22.60. The company had a trading volume of 1,072 shares, compared to its average volume of 5,058. Regency Centers has a 1-year low of $21.35 and a 1-year high of $24.24. The company’s fifty day moving average is $22.24 and its 200-day moving average is $22.37.

Regency Centers Announces Dividend

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

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.