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

Posted by Erica Schwartz on Nov 15th, 2024

Regency Centers Co. (NASDAQ:REGCO – Get Free Report) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 56,400 shares, an increase of 187.8% from the October 15th total of 19,600 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 6.6 days.

Regency Centers Price Performance

Shares of NASDAQ:REGCO traded up $0.10 during midday trading on Friday, reaching $24.05. 1,137 shares of the company were exchanged, compared to its average volume of 7,060. The business’s fifty day moving average is $24.14 and its two-hundred day moving average is $22.82. Regency Centers has a one year low of $21.47 and a one year high of $24.90.

Regency Centers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be paid a $0.3672 dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.11%.

About Regency Centers

(Get Free Report)

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.