Regency Centers Co. (NASDAQ:REGCP – Get Free Report) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 538 shares, a decrease of 30.7% from the December 15th total of 776 shares. Based on an average daily trading volume, of 3,493 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 3,493 shares, the short-interest ratio is currently 0.2 days.
Regency Centers Stock Down 1.1%
Regency Centers stock opened at $23.37 on Friday. The stock’s 50 day moving average is $23.67 and its 200 day moving average is $23.80. Regency Centers has a one year low of $21.89 and a one year high of $24.75.
Regency Centers Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a $0.3906 dividend. The ex-dividend date 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.
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