Regency Centers Co. (NASDAQ:REGCP) Sees Large Decrease in Short Interest

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,178 shares, a decrease of 52.5% from the September 15th total of 2,480 shares. Based on an average daily trading volume, of 6,738 shares, the short-interest ratio is presently 0.2 days.

Regency Centers Trading Up 0.9%

Shares of REGCP stock traded up $0.19 during trading hours on Thursday, hitting $22.01. 4,596 shares of the company’s stock were exchanged, compared to its average volume of 4,456. The firm has a 50 day moving average of $22.79 and a two-hundred day moving average of $23.03. Regency Centers has a fifty-two week low of $21.30 and a fifty-two week high of $24.36.

Regency Centers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, October 15th.

Regency Centers Company Profile

Regency Centers Corporation is a real estate investment trust that owns, operates and develops shopping centers, primarily those anchored by supermarkets and other essential-needs retailers. Its properties are designed to serve local communities and typically include grocery stores, restaurants, service businesses and specialty retailers.

The company’s activities include acquiring and developing retail properties, managing its real estate portfolio and leasing space to national, regional and local tenants.