Regency Centers Co. (NASDAQ:REGCP) Sees Large Drop in Short Interest

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 538 shares, a decline of 30.7% from the December 15th total of 776 shares. Based on an average trading volume of 3,493 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 3,493 shares, the short-interest ratio is presently 0.2 days.

Regency Centers Price Performance

NASDAQ REGCP traded down $0.26 on Friday, reaching $23.37. The company’s stock had a trading volume of 3,032 shares, compared to its average volume of 4,803. Regency Centers has a twelve month low of $21.89 and a twelve month high of $24.75. The firm’s 50 day moving average is $23.67 and its two-hundred day moving average is $23.80.

Regency Centers Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be paid a dividend of $0.3906 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $1.56 annualized dividend and a yield of 6.7%.

Regency Centers Company Profile

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.