Short Interest in Regency Centers Co. (NASDAQ:REGCP) Declines By 34.4%

Regency Centers Co. (NASDAQ:REGCP) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 3,089 shares, a drop of 34.4% from the August 15th total of 4,709 shares. Based on an average trading volume of 5,068 shares, the days-to-cover ratio is presently 0.6 days.

Regency Centers Stock Performance

REGCP traded up $0.03 during midday trading on Thursday, reaching $22.91. 1,203 shares of the company were exchanged, compared to its average volume of 4,328. Regency Centers has a one year low of $22.35 and a one year high of $24.75. The company’s fifty day moving average price is $23.19 and its 200 day moving average price is $23.16.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be issued a dividend of $0.3906 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.56 annualized dividend and a yield of 6.8%.

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.