Regency Centers Co. (NASDAQ:REGCO) Sees Significant Decline in Short Interest

Regency Centers Co. (NASDAQ:REGCO) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 18,100 shares, a decrease of 21.3% from the November 30th total of 23,000 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is presently 1.8 days.

Regency Centers Stock Up 1.4 %

REGCO traded up $0.32 during mid-day trading on Tuesday, reaching $22.47. The stock had a trading volume of 10,564 shares, compared to its average volume of 7,430. The firm’s fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $23.02. Regency Centers has a 52 week low of $21.47 and a 52 week high of $24.90.

Regency Centers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be issued a $0.3672 dividend. This represents a $1.47 annualized dividend and a yield of 6.54%. The ex-dividend date is Thursday, January 16th.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.