Regency Centers Co. (NASDAQ:REGCO) Short Interest Update

Regency Centers Co. (NASDAQ:REGCO) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 6,286 shares, an increase of 61.7% from the February 12th total of 3,888 shares. Based on an average daily trading volume, of 8,534 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 8,534 shares, the days-to-cover ratio is currently 0.7 days.

Regency Centers Stock Performance

REGCO stock traded down $0.09 on Friday, reaching $22.42. The company’s stock had a trading volume of 6,640 shares, compared to its average volume of 5,246. The business has a fifty day simple moving average of $22.53 and a two-hundred day simple moving average of $22.85. Regency Centers has a 12-month low of $21.43 and a 12-month high of $24.24.

Regency Centers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a $0.3672 dividend. This represents a $1.47 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Wednesday, April 15th.

About Regency Centers

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.