Regency Centers Co. (NASDAQ:REGCP) Sees Large Increase in Short Interest

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 5,931 shares, a growth of 191.9% from the June 15th total of 2,032 shares. Based on an average daily volume of 5,534 shares, the short-interest ratio is currently 1.1 days.

Regency Centers Price Performance

REGCP traded down $0.17 during trading on Monday, reaching $23.41. The company’s stock had a trading volume of 3,549 shares, compared to its average volume of 4,798. Regency Centers has a 52-week low of $22.35 and a 52-week high of $24.75. The company’s fifty day moving average price is $23.20 and its 200-day moving average price is $23.25.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be issued a $0.3906 dividend. This represents a $1.56 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, July 16th.

About Regency Centers

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.