Regency Centers Co. (NASDAQ:REGCP) Short Interest Down 27.9% in March

Regency Centers Co. (NASDAQ:REGCP) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,680 shares, a decrease of 27.9% from the February 26th total of 3,717 shares. Based on an average daily trading volume, of 4,035 shares, the short-interest ratio is presently 0.7 days.

Regency Centers Price Performance

REGCP traded up $0.01 on Friday, hitting $22.83. 6,430 shares of the company’s stock were exchanged, compared to its average volume of 4,559. The stock has a fifty day moving average of $23.28 and a two-hundred day moving average of $23.71. Regency Centers has a twelve month low of $21.89 and a twelve month high of $24.75.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Wednesday, April 15th.

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.