Short Interest in Gladstone Commercial Co. (NASDAQ:GOODN) Grows By 290.6%

Gladstone Commercial Co. (NASDAQ:GOODN) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 12,500 shares, a growth of 290.6% from the July 31st total of 3,200 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 2.6 days.

Gladstone Commercial Trading Up 0.4 %

GOODN traded up $0.10 on Tuesday, hitting $23.05. 3,602 shares of the company’s stock were exchanged, compared to its average volume of 4,813. Gladstone Commercial has a fifty-two week low of $19.26 and a fifty-two week high of $24.66. The firm has a 50-day moving average price of $22.23 and a 200-day moving average price of $22.56.

Gladstone Commercial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be given a $0.138 dividend. The ex-dividend date is Friday, September 20th. This represents a $1.66 dividend on an annualized basis and a yield of 7.19%.

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.