Regency Centers Co. (NASDAQ:REGCO) Sees Significant Drop in Short Interest

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 5,348 shares, a decline of 50.0% from the June 30th total of 10,695 shares. Based on an average daily trading volume, of 2,145 shares, the days-to-cover ratio is currently 2.5 days.

Regency Centers Stock Up 0.2%

Shares of NASDAQ:REGCO traded up $0.04 during trading on Thursday, hitting $21.89. 2,919 shares of the company were exchanged, compared to its average volume of 4,660. The business’s 50 day moving average is $22.14 and its 200-day moving average is $22.25. Regency Centers has a 1-year low of $21.35 and a 1-year high of $24.24.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be paid a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend 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.