Regency Centers Co. (NASDAQ:REGCP) Short Interest Up 191.9% in June

Regency Centers Co. (NASDAQ:REGCP) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 5,931 shares, an increase of 191.9% from the June 15th total of 2,032 shares. Based on an average daily volume of 5,534 shares, the days-to-cover ratio is presently 1.1 days.

Regency Centers Stock Up 0.9%

Shares of NASDAQ REGCP traded up $0.20 during midday trading on Wednesday, reaching $23.50. 3,549 shares of the stock traded hands, compared to its average volume of 4,798. The company’s 50 day moving average is $23.21 and its 200 day moving average is $23.26. Regency Centers has a one year low of $22.35 and a one year high of $24.75.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 16th will be issued a dividend of $0.3906 per share. The ex-dividend date is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a yield of 6.6%.

About Regency Centers

Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.

Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.