Short Interest in Regency Centers Co. (NASDAQ:REGCO) Declines By 61.8%

Regency Centers Co. (NASDAQ:REGCO) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 2,403 shares, a decline of 61.8% from the February 26th total of 6,286 shares. Based on an average daily trading volume, of 5,364 shares, the short-interest ratio is presently 0.4 days.

Regency Centers Trading Up 2.4%

REGCO stock traded up $0.51 during trading hours on Thursday, hitting $22.10. 3,279 shares of the stock traded hands, compared to its average volume of 5,906. The stock has a 50-day simple moving average of $22.38 and a 200 day simple moving average of $22.81. Regency Centers has a one year low of $21.35 and a one year high of $24.24.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $0.3672 per share. The ex-dividend date is Wednesday, April 15th. This represents a $1.47 annualized dividend and a dividend yield of 6.6%.

About Regency Centers

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.