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

Regency Centers Co. (NASDAQ:REGCO) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 2,403 shares, a decline of 61.8% from the February 26th total of 6,286 shares. Based on an average daily trading volume, of 5,364 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 5,364 shares, the days-to-cover ratio is presently 0.4 days.

Regency Centers Stock Down 0.3%

NASDAQ REGCO opened at $21.69 on Wednesday. The firm’s fifty day moving average price is $22.40 and its 200 day moving average price is $22.82. Regency Centers has a 12 month low of $21.35 and a 12 month high of $24.24.

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Wednesday, April 15th.

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.