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

Gladstone Commercial Co. (NASDAQ:GOODNGet Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,810 shares, an increase of 46,733.3% from the November 30th total of 6 shares. Based on an average trading volume of 10,035 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 10,035 shares, the days-to-cover ratio is presently 0.3 days.

Gladstone Commercial Stock Down 0.4%

Shares of NASDAQ GOODN traded down $0.09 during mid-day trading on Wednesday, reaching $23.00. The company had a trading volume of 1,425 shares, compared to its average volume of 3,923. The business’s 50-day simple moving average is $22.45 and its 200 day simple moving average is $22.61. Gladstone Commercial has a one year low of $20.51 and a one year high of $24.35.

Gladstone Commercial Announces Dividend

The company 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 $0.138 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 7.2%.

About Gladstone Commercial

(Get Free Report)

Gladstone Commercial Corporation (NASDAQ: GOODN) is a real estate investment trust (REIT) that specializes in acquiring, owning and operating single-tenant industrial and office properties throughout the United States. The company focuses on net‐leased assets, where tenants assume responsibility for property taxes, insurance and maintenance, providing Gladstone Commercial with predictable, long‐term income streams. Its investment strategy targets properties occupied by creditworthy lessees under leases that typically range from five to twenty years in term.

Founded in 2003 and publicly listed in 2005, Gladstone Commercial is externally managed by Gladstone Management Corporation, an affiliate led by industry veteran David Gladstone.

Further Reading

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