Short Interest in Regency Centers Co. (NASDAQ:REGCO) Declines By 46.1%

Regency Centers Co. (NASDAQ:REGCO) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,411 shares, a decline 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 presently 1.6 days.

Regency Centers Stock Performance

NASDAQ REGCO traded up $0.18 during trading on Thursday, hitting $22.00. 2,931 shares of the stock traded hands, compared to its average volume of 5,055. Regency Centers has a 12-month low of $21.35 and a 12-month high of $24.24. The firm has a 50-day simple moving average of $22.23 and a 200-day simple moving average of $22.32.

Regency Centers Announces Dividend

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

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.