Regency Centers Co. (NASDAQ:REGCO – Get Free Report) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 6,286 shares, an increase of 61.7% from the February 12th total of 3,888 shares. Based on an average daily trading volume, of 8,534 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 8,534 shares, the short-interest ratio is currently 0.7 days.
Regency Centers Stock Down 0.4%
NASDAQ REGCO traded down $0.09 during midday trading on Friday, hitting $22.42. 6,640 shares of the company traded hands, compared to its average volume of 5,246. Regency Centers has a 52 week low of $21.43 and a 52 week high of $24.24. The company’s 50-day simple moving average is $22.52 and its 200-day simple moving average is $22.85.
Regency Centers Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.47 dividend on an annualized basis and a yield of 6.6%.
About Regency Centers
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.
Read More
- Five stocks we like better than Regency Centers
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for Regency Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers and related companies with MarketBeat.com's FREE daily email newsletter.
