Regency Centers Co. (NASDAQ:REGCP) Short Interest Down 38.6% in May

Regency Centers Co. (NASDAQ:REGCP) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,494 shares, a decline of 38.6% from the May 14th total of 2,434 shares. Based on an average trading volume of 1,623 shares, the days-to-cover ratio is currently 0.9 days.

Regency Centers Trading Up 0.9%

REGCP stock traded up $0.21 during trading on Tuesday, reaching $23.50. 4,604 shares of the company’s stock were exchanged, compared to its average volume of 4,655. Regency Centers has a 1-year low of $22.35 and a 1-year high of $24.75. The company’s fifty day moving average price is $23.21 and its 200-day moving average price is $23.33.

Regency Centers Dividend Announcement

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 given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, July 16th.

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.