Short Interest in Regency Centers Co. (NASDAQ:REGCP) Decreases By 44.5%

by · The Markets Daily

Regency Centers Co. (NASDAQ:REGCP – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 2,434 shares, a decline of 44.5% from the April 30th total of 4,382 shares. Based on an average daily trading volume, of 6,328 shares, the short-interest ratio is currently 0.4 days.

Regency Centers Trading Up 0.3%

NASDAQ:REGCP traded up $0.08 during midday trading on Thursday, reaching $23.25. 421 shares of the stock traded hands, compared to its average volume of 4,649. Regency Centers has a 12-month low of $22.35 and a 12-month high of $24.75. The business has a 50-day moving average of $23.16 and a two-hundred day moving average of $23.37.

Regency Centers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Thursday, July 16th will be paid a dividend of $0.3906 per share. The ex-dividend date is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a yield of 6.7%.

Regency Centers Company Profile

(Get Free Report)

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.

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