Regency Centers Co. (NASDAQ:REGCP) Sees Large Drop in Short Interest

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,178 shares, a drop of 52.5% from the September 15th total of 2,480 shares. Based on an average trading volume of 6,738 shares, the short-interest ratio is presently 0.2 days.

Regency Centers Stock Performance

NASDAQ REGCP traded down $0.21 during trading hours on Wednesday, reaching $21.86. The company’s stock had a trading volume of 4,005 shares, compared to its average volume of 4,456. The company’s 50-day moving average is $22.81 and its two-hundred day moving average is $23.04. Regency Centers has a 1-year low of $21.30 and a 1-year high of $24.58.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.3906 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.56 dividend on an annualized basis and a dividend 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.