Regency Centers Co. (NASDAQ:REGCP) Sees Significant Growth in Short Interest

Regency Centers Co. (NASDAQ:REGCP) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,100 shares, an increase of 162.5% from the February 29th total of 800 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 0.6 days.

Regency Centers Stock Up 1.7 %

Shares of REGCP stock traded up $0.40 during mid-day trading on Thursday, hitting $24.16. 21,114 shares of the stock traded hands, compared to its average volume of 3,755. Regency Centers has a twelve month low of $21.93 and a twelve month high of $25.25. The company’s 50-day simple moving average is $24.44 and its 200-day simple moving average is $23.95.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 6.47%. The ex-dividend date is Friday, April 12th.

About Regency Centers

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.