Short Interest in Regency Centers Co. (NASDAQ:REGCO) Rises By 73.5%

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,330 shares, a growth of 73.5% from the May 14th total of 3,648 shares. Based on an average daily trading volume, of 4,269 shares, the short-interest ratio is currently 1.5 days.

Regency Centers Stock Up 1.3%

NASDAQ:REGCO traded up $0.30 during trading hours on Tuesday, hitting $22.63. 6,181 shares of the company’s stock traded hands, compared to its average volume of 5,068. Regency Centers has a twelve month low of $21.35 and a twelve month high of $24.24. The stock’s fifty day moving average price is $22.25 and its two-hundred day moving average price is $22.36.

Regency Centers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Thursday, July 16th will be paid a $0.3672 dividend. The ex-dividend date is Thursday, July 16th. This represents a $1.47 dividend on an annualized basis and a yield of 6.5%.

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.