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

Gladstone Commercial Co. (NASDAQ:GOODO) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 317 shares, an increase of 387.7% from the April 15th total of 65 shares. Based on an average trading volume of 3,027 shares, the short-interest ratio is currently 0.1 days.

Gladstone Commercial Trading Up 0.2%

Shares of GOODO stock opened at $20.28 on Wednesday. The stock has a 50 day simple moving average of $19.92 and a 200 day simple moving average of $20.17. Gladstone Commercial has a 1 year low of $19.42 and a 1 year high of $22.20.

Gladstone Commercial Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be paid a $0.125 dividend. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Tuesday, June 23rd.

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.