Regency Centers Co. (NASDAQ:REGCP) Sees Significant Decrease in Short Interest

Regency Centers Co. (NASDAQ:REGCP) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 776 shares, a decrease of 53.5% from the November 30th total of 1,668 shares. Based on an average daily trading volume, of 1,931 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 1,931 shares, the days-to-cover ratio is presently 0.4 days.

Regency Centers Stock Up 0.4%

Shares of Regency Centers stock traded up $0.10 during trading hours on Monday, reaching $23.38. The company’s stock had a trading volume of 1,916 shares, compared to its average volume of 5,344. Regency Centers has a one year low of $21.89 and a one year high of $24.75. The stock’s fifty day simple moving average is $23.78 and its two-hundred day simple moving average is $23.78.

Regency Centers (NASDAQ:REGCP) last posted its quarterly earnings data on Thursday, February 10th. The company reported $0.73 EPS for the quarter. The firm had revenue of $258.46 million during the quarter.

Regency Centers Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a dividend of $0.3906 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $1.56 annualized dividend and a dividend yield of 6.7%.

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.