Regency Centers Co. (NASDAQ:REGCP – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,494 shares, a decrease of 38.6% from the May 14th total of 2,434 shares. Based on an average daily trading volume, of 1,623 shares, the days-to-cover ratio is currently 0.9 days.
Regency Centers Stock Up 0.0%
REGCP opened at $23.26 on Monday. The stock’s 50 day moving average price is $23.20 and its 200-day moving average price is $23.33. Regency Centers has a one year low of $22.35 and a one year high of $24.75.
Regency Centers Dividend Announcement
The firm 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 dividend of $0.3906 per share. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.7%.
About Regency Centers
Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.
Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.
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