Regency Centers Co. (NASDAQ:REGCO) Short Interest Down 46.8% in July

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,847 shares, a drop of 46.8% from the July 15th total of 5,348 shares. Based on an average trading volume of 2,149 shares, the days-to-cover ratio is currently 1.3 days.

Regency Centers Stock Down 1.4%

REGCO stock traded down $0.30 during mid-day trading on Monday, reaching $21.89. 1,018 shares of the stock traded hands, compared to its average volume of 4,491. Regency Centers has a 52 week low of $21.35 and a 52 week high of $24.24. The business has a 50-day moving average of $22.01 and a two-hundred day moving average of $22.19.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.7%.

About Regency Centers

Regency Centers Corporation is a real estate investment trust (REIT) that owns, operates and develops grocery-anchored shopping centers throughout the United States. The company specializes in open-air retail properties centered around daily needs retailers such as national and regional grocers, pharmacy chains and service-oriented tenants. Regency manages both stabilized portfolios and development pipelines, offering leasing, marketing, facilities management and redevelopment services to optimize occupancy and tenant mix.

Headquartered in Jacksonville, Florida, Regency Centers maintains a presence in more than 30 major metropolitan markets, with concentration in the Southeast, Texas, Southern California and select Midwestern and West Coast regions.