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

Regency Centers Co. (NASDAQ:REGCP) was the target of a large increase in short interest in the month of 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 currently 1.1 days.

Regency Centers Stock Performance

Shares of REGCP traded down $0.17 during trading hours on Monday, reaching $23.41. The company had a trading volume of 3,549 shares, compared to its average volume of 4,798. Regency Centers has a 12-month low of $22.35 and a 12-month high of $24.75. The firm has a 50 day simple moving average of $23.20 and a 200-day simple moving average of $23.25.

Regency Centers Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, July 16th.

Regency Centers Company Profile

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.