Short Interest in Gladstone Commercial Co. (NASDAQ:GOODO) Increases By 59.1%

Gladstone Commercial Co. (NASDAQ:GOODO) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,271 shares, a growth of 59.1% from the November 30th total of 799 shares. Based on an average daily volume of 5,388 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 5,388 shares, the short-interest ratio is currently 0.2 days.

Gladstone Commercial Stock Performance

Shares of Gladstone Commercial stock traded up $0.29 during trading on Monday, reaching $20.84. The company’s stock had a trading volume of 13,578 shares, compared to its average volume of 5,102. Gladstone Commercial has a one year low of $18.30 and a one year high of $21.37. The stock has a 50-day moving average price of $20.08 and a two-hundred day moving average price of $20.29.

Gladstone Commercial Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Monday, December 22nd.

About Gladstone Commercial

Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.