Gladstone Commercial Co. (NASDAQ:GOODO) Short Interest Up 59.1% in December

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

Gladstone Commercial Stock Performance

Shares of NASDAQ:GOODO traded up $0.13 on Tuesday, hitting $20.83. 5,397 shares of the company were exchanged, compared to its average volume of 5,100. The company’s 50 day moving average price is $20.10 and its two-hundred day moving average price is $20.29. Gladstone Commercial has a one year low of $18.30 and a one year high of $21.37.

Gladstone Commercial Announces Dividend

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

Gladstone Commercial Company Profile

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.