Regency Centers Co. (NASDAQ:REGCO) Sees Significant Decrease in Short Interest

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,713 shares, a decrease of 44.2% from the August 31st total of 4,866 shares. Based on an average trading volume of 4,386 shares, the days-to-cover ratio is currently 0.6 days.

Regency Centers Stock Performance

Shares of REGCO stock traded up $0.25 during trading on Wednesday, reaching $20.40. The company’s stock had a trading volume of 1,703 shares, compared to its average volume of 4,323. Regency Centers has a one year low of $20.10 and a one year high of $24.24. The business has a fifty day moving average price of $21.78 and a 200-day moving average price of $22.02.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.47 annualized dividend and a dividend yield of 7.2%.

Regency Centers Company Profile

Regency Centers Corporation is a real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on grocery-anchored shopping centers, which are supported by essential retail and service tenants such as supermarkets, restaurants, health and wellness providers, and specialty retailers.

Regency Centers serves communities through a portfolio of neighborhood and community shopping centers located mainly in metropolitan areas across the country.