Short Interest in Gladstone Commercial Co. (NASDAQ:GOODN) Rises By 720.0%

Gladstone Commercial Co. (NASDAQ:GOODN) saw a large 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 short-interest ratio is presently 0.6 days.

Gladstone Commercial Price Performance

NASDAQ:GOODN traded up $0.44 during trading hours on Wednesday, hitting $22.99. 2,838 shares of the stock were exchanged, compared to its average volume of 7,649. The firm’s fifty day moving average price is $23.36 and its 200 day moving average price is $23.01. Gladstone Commercial has a 52-week low of $21.03 and a 52-week high of $24.91.

Gladstone Commercial Dividend Announcement

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

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.