Short Interest in Regency Centers Co. (NASDAQ:REGCO) Declines By 31.4%

Regency Centers Co. (NASDAQ:REGCO) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 16,400 shares, a drop of 31.4% from the December 31st total of 23,900 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 1.8 days.

Regency Centers Stock Down 1.2 %

REGCO traded down $0.26 on Friday, reaching $22.25. The stock had a trading volume of 106,736 shares, compared to its average volume of 9,407. The business’s 50-day moving average price is $22.77 and its two-hundred day moving average price is $23.16. Regency Centers has a 12-month low of $21.47 and a 12-month high of $24.90.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a $1.47 dividend on an annualized basis and a yield of 6.60%.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.