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

by · The Cerbat Gem

Regency Centers Co. (NASDAQ:REGCO – Get Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,209 shares, a decline of 36.2% from the December 31st total of 6,600 shares. Based on an average daily trading volume, of 4,138 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 4,138 shares, the days-to-cover ratio is presently 1.0 days.

Regency Centers Stock Up 0.1%

Shares of Regency Centers stock traded up $0.03 during trading on Friday, reaching $22.57. 948 shares of the company traded hands, compared to its average volume of 3,736. Regency Centers has a 1-year low of $21.43 and a 1-year high of $24.24. The company has a 50 day moving average price of $22.57 and a 200-day moving average price of $22.87.

About Regency Centers

(Get Free Report)

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.

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