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

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, a growth of 90.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 0.4 days.

Gladstone Commercial Stock Performance

GOODN stock traded down $0.07 during midday trading on Friday, hitting $22.73. The company’s stock had a trading volume of 376 shares, compared to its average volume of 5,362. The firm’s 50-day moving average is $22.80 and its 200-day moving average is $23.20. Gladstone Commercial has a 12 month low of $21.03 and a 12 month high of $24.91.

Gladstone Commercial Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 27th were given a dividend of $0.138 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a yield of 7.26%.

Gladstone Commercial Company Profile

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.