Regency Centers Co. (NASDAQ:REGCO) Short Interest Update

Regency Centers Co. (NASDAQ:REGCO) was the target 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 trading volume, of 4,269 shares, the days-to-cover ratio is currently 1.5 days.

Regency Centers Stock Up 0.3%

Shares of Regency Centers stock traded up $0.06 during trading hours on Wednesday, reaching $22.69. The company’s stock had a trading volume of 934 shares, compared to its average volume of 5,023. Regency Centers has a one year low of $21.35 and a one year high of $24.24. The stock’s fifty day simple moving average is $22.26 and its two-hundred day simple moving average is $22.36.

Regency Centers Announces Dividend

The business 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 $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Thursday, July 16th.

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.