Regency Centers Co. (NASDAQ:REGCP – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,494 shares, a decrease of 38.6% from the May 14th total of 2,434 shares. Based on an average daily volume of 1,623 shares, the short-interest ratio is currently 0.9 days.
Regency Centers Price Performance
Regency Centers stock traded down $0.00 during trading on Wednesday, hitting $23.39. The stock had a trading volume of 4,604 shares, compared to its average volume of 4,655. Regency Centers has a 1 year low of $22.35 and a 1 year high of $24.75. The stock’s 50 day moving average is $23.22 and its two-hundred day moving average is $23.33.
Regency Centers Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 16th will be paid a $0.3906 dividend. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $1.56 annualized dividend and a dividend yield of 6.7%.
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.
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