Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Update

Gladstone Commercial Co. (NASDAQ:GOODN) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,100 shares, an increase of 720.0% from the December 15th total of 500 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is currently 0.6 days.

Gladstone Commercial Stock Up 2.3 %

Shares of GOODN stock traded up $0.50 during mid-day trading on Tuesday, hitting $22.69. The company’s stock had a trading volume of 5,022 shares, compared to its average volume of 8,118. Gladstone Commercial has a 52-week low of $21.03 and a 52-week high of $24.91. The business has a 50-day moving average price of $23.39 and a 200 day moving average price of $23.01.

Gladstone Commercial Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd were paid a $0.138 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a dividend yield of 6.78%.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.