Regency Affiliates, Inc. (OTCMKTS:RAFI – Get Free Report) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 600 shares, a decrease of 25.0% from the December 15th total of 800 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 0.7 days.
Regency Affiliates Stock Performance
RAFI stock remained flat at $4.75 during trading on Wednesday. The company had a trading volume of 2,806 shares, compared to its average volume of 1,227. The business’s fifty day simple moving average is $4.59 and its 200 day simple moving average is $4.59. Regency Affiliates has a fifty-two week low of $4.10 and a fifty-two week high of $5.25.
Regency Affiliates Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.078 per share. This represents a $0.31 annualized dividend and a yield of 6.57%. The ex-dividend date of this dividend was Tuesday, December 31st.
Regency Affiliates Company Profile
Regency Affiliates, Inc, through its interest in MESC Capital, LLC, owns an on-site energy facility that supplies approximately 61 megawatts of steam and electricity to a Kimberly-Clark tissue mill in Mobile, Alabama. It also owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet comprising a 2-story office building and a connected 6-story office tower in Woodlawn, Maryland through a limited partnership interest.
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