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

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 4,800 shares, a decrease of 7.7% from the January 15th total of 5,200 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is presently 0.7 days.

Gladstone Commercial Price Performance

Gladstone Commercial stock traded up $0.18 during midday trading on Monday, reaching $23.03. 3,034 shares of the stock traded hands, compared to its average volume of 5,111. Gladstone Commercial has a 12 month low of $21.03 and a 12 month high of $24.91. The stock’s fifty day moving average is $22.76 and its 200-day moving average is $23.22.

Gladstone Commercial Dividend Announcement

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

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.