Short Interest in Regency Centers Co. (NASDAQ:REGCO) Declines By 46.8%

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

Regency Centers Price Performance

REGCO traded up $0.19 during trading on Friday, reaching $22.22. 2,085 shares of the company’s stock were exchanged, compared to its average volume of 4,515. The company’s fifty day moving average price is $22.01 and its 200-day moving average price is $22.19. Regency Centers has a fifty-two week low of $21.35 and a fifty-two week high of $24.24.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be issued a $0.3672 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, October 15th.

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.