Regency Centers Co. (NASDAQ:REGCO) Short Interest Down 64.6% in April

Regency Centers Co. (NASDAQ:REGCO) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,240 shares, a decline of 64.6% from the April 15th total of 9,159 shares. Based on an average daily trading volume, of 1,962 shares, the days-to-cover ratio is currently 1.7 days.

Regency Centers Price Performance

NASDAQ:REGCO traded down $0.40 during mid-day trading on Friday, reaching $22.15. The company’s stock had a trading volume of 1,888 shares, compared to its average volume of 5,347. Regency Centers has a 12-month low of $21.35 and a 12-month high of $24.24. The firm’s fifty day moving average price is $22.13 and its two-hundred day moving average price is $22.48.

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $1.47 annualized dividend and a dividend yield of 6.6%.

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.