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

Regency Centers Co. (NASDAQ:REGCO) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,713 shares, a drop of 44.2% from the August 31st total of 4,866 shares. Based on an average daily trading volume, of 4,386 shares, the days-to-cover ratio is presently 0.6 days.

Regency Centers Stock Performance

Shares of REGCO stock traded up $0.25 during midday trading on Wednesday, hitting $20.40. 1,703 shares of the company were exchanged, compared to its average volume of 4,323. Regency Centers has a 52 week low of $20.10 and a 52 week high of $24.24. The firm’s 50 day moving average price is $21.78 and its two-hundred day moving average price is $22.02.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.3672 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.47 annualized dividend and a yield of 7.2%.

About Regency Centers

Regency Centers Corporation is a real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on grocery-anchored shopping centers, which are supported by essential retail and service tenants such as supermarkets, restaurants, health and wellness providers, and specialty retailers.

Regency Centers serves communities through a portfolio of neighborhood and community shopping centers located mainly in metropolitan areas across the country.