Regency Centers Co. (NASDAQ:REGCO) Short Interest Up 66.0% in March
by Jessica Moore · The Cerbat GemRegency Centers Co. (NASDAQ:REGCO – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 3,989 shares, a growth of 66.0% from the March 15th total of 2,403 shares. Based on an average trading volume of 7,966 shares, the days-to-cover ratio is presently 0.5 days.
Regency Centers Price Performance
REGCO traded down $0.17 during mid-day trading on Wednesday, reaching $22.49. 877 shares of the stock were exchanged, compared to its average volume of 6,002. The company has a 50 day moving average price of $22.27 and a two-hundred day moving average price of $22.69. 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 declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be issued a $0.3672 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, April 15th.
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.