Regency Centers Co. (NASDAQ:REGCO) Sees Large Increase in Short Interest

Regency Centers Co. (NASDAQ:REGCO) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 10,695 shares, an increase of 213.5% from the June 15th total of 3,411 shares. Based on an average daily volume of 5,336 shares, the days-to-cover ratio is currently 2.0 days.

Regency Centers Trading Up 1.6%

REGCO stock traded up $0.35 during midday trading on Monday, hitting $22.45. 1,017 shares of the company traded hands, compared to its average volume of 4,890. Regency Centers has a twelve month low of $21.35 and a twelve month high of $24.24. The business has a 50 day simple moving average of $22.25 and a 200-day simple moving average of $22.31.

Regency Centers Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 6.5%.

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.