Regency Centers Co. (NASDAQ:REGCO – Get Free Report) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,348 shares, a decline of 50.0% from the June 30th total of 10,695 shares. Based on an average daily trading volume, of 2,145 shares, the days-to-cover ratio is presently 2.5 days.
Regency Centers Stock Down 0.9%
NASDAQ REGCO traded down $0.20 on Wednesday, hitting $21.66. 2,919 shares of the company were exchanged, compared to its average volume of 4,660. The stock has a fifty day moving average of $22.17 and a 200-day moving average of $22.26. Regency Centers has a 12 month low of $21.35 and a 12 month high of $24.24.
Regency Centers Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 annualized dividend and a dividend yield of 6.8%.
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.
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