Regency Centers Co. (NASDAQ:REGCP) Short Interest Down 44.5% in May

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a significant 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 volume of 6,328 shares, the days-to-cover ratio is currently 0.4 days.

Regency Centers Price Performance

Shares of Regency Centers stock remained flat at $23.14 during trading on Tuesday. The company had a trading volume of 6,300 shares, compared to its average volume of 4,729. Regency Centers has a 12 month low of $22.35 and a 12 month high of $24.75. The stock has a 50-day simple moving average of $23.15 and a 200-day simple moving average of $23.38.

Regency Centers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be paid a $0.3906 dividend. The ex-dividend date is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.8%.

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.