Regency Centers Co. (NASDAQ:REGCP – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,178 shares, a decline of 52.5% from the September 15th total of 2,480 shares. Based on an average daily trading volume, of 6,738 shares, the short-interest ratio is presently 0.2 days.
Regency Centers Stock Down 1.0%
Shares of REGCP traded down $0.21 during midday trading on Wednesday, reaching $21.86. The company had a trading volume of 4,005 shares, compared to its average volume of 4,456. Regency Centers has a 1-year low of $21.30 and a 1-year high of $24.58. The firm has a 50 day simple moving average of $22.81 and a 200-day simple moving average of $23.04.
Regency Centers Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be issued a $0.3906 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.56 dividend on an annualized basis and a yield of 7.1%.
Regency Centers Company Profile
Regency Centers Corporation is a real estate investment trust that owns, operates and develops shopping centers, primarily those anchored by supermarkets and other essential-needs retailers. Its properties are designed to serve local communities and typically include grocery stores, restaurants, service businesses and specialty retailers.
The company’s activities include acquiring and developing retail properties, managing its real estate portfolio and leasing space to national, regional and local tenants.
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