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

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 5,348 shares, a drop of 50.0% from the June 30th total of 10,695 shares. Based on an average trading volume of 2,145 shares, the short-interest ratio is presently 2.5 days.

Regency Centers Trading Down 0.5%

NASDAQ REGCO traded down $0.11 during trading hours on Tuesday, hitting $21.75. 573 shares of the company were exchanged, compared to its average volume of 4,673. Regency Centers has a 52 week low of $21.35 and a 52 week high of $24.24. The stock has a 50-day moving average price of $22.18 and a 200 day moving average price of $22.27.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 16th will be given a $0.3672 dividend. The ex-dividend date is Thursday, July 16th. This represents a $1.47 dividend on an annualized basis and a yield of 6.8%.

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.