Short Interest in Regency Centers Co. (NASDAQ:REGCP) Decreases By 30.7%

Regency Centers Co. (NASDAQ:REGCP) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 538 shares, a drop of 30.7% from the December 15th total of 776 shares. Based on an average daily volume of 3,493 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 3,493 shares, the days-to-cover ratio is currently 0.2 days.

Regency Centers Trading Down 1.1%

Shares of REGCP stock opened at $23.37 on Friday. Regency Centers has a 1 year low of $21.89 and a 1 year high of $24.75. The stock has a 50 day simple moving average of $23.67 and a 200 day simple moving average of $23.80.

Regency Centers Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $0.3906 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $1.56 dividend on an annualized basis 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.