Regency Centers Co. (NASDAQ:REGCO) Short Interest Up 73.5% in May

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 6,330 shares, a growth of 73.5% from the May 14th total of 3,648 shares. Based on an average daily trading volume, of 4,269 shares, the days-to-cover ratio is currently 1.5 days.

Regency Centers Trading Up 0.6%

NASDAQ:REGCO traded up $0.12 on Monday, hitting $22.60. 1,072 shares of the company’s stock were exchanged, compared to its average volume of 5,058. The firm has a 50-day moving average price of $22.24 and a 200-day moving average price of $22.37. Regency Centers has a 52 week low of $21.35 and a 52 week high of $24.24.

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 yield of 6.5%.

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.