Regency Centers Co. (NASDAQ:REGCO) Short Interest Down 46.1% in June

Regency Centers Co. (NASDAQ:REGCO) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,411 shares, a decrease of 46.1% from the May 31st total of 6,330 shares. Based on an average daily volume of 2,099 shares, the short-interest ratio is presently 1.6 days.

Regency Centers Price Performance

REGCO stock traded up $0.46 during midday trading on Wednesday, reaching $22.00. The company had a trading volume of 2,986 shares, compared to its average volume of 5,074. The firm has a 50-day moving average price of $22.24 and a 200-day moving average price of $22.33. Regency Centers has a 1 year low of $21.35 and a 1 year high of $24.24.

Regency Centers Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 6.7%.

Regency Centers Company Profile

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.