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

Regency Centers Co. (NASDAQ:REGCO) was the target of 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 trading volume of 2,099 shares, the short-interest ratio is currently 1.6 days.

Regency Centers Price Performance

NASDAQ:REGCO opened at $21.85 on Tuesday. Regency Centers has a fifty-two week low of $21.35 and a fifty-two week high of $24.24. The company has a 50 day simple moving average of $22.25 and a two-hundred day simple moving average of $22.34.

Regency Centers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be paid a $0.3672 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, July 16th.

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.