Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 79.7% in June

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 230 shares, a decrease of 79.7% from the June 15th total of 1,132 shares. Based on an average daily trading volume, of 2,374 shares, the short-interest ratio is presently 0.1 days.

Gladstone Commercial Price Performance

Shares of GOODN stock traded up $0.18 during trading hours on Friday, reaching $22.58. The company had a trading volume of 640 shares, compared to its average volume of 3,204. Gladstone Commercial has a twelve month low of $20.91 and a twelve month high of $23.83. The stock’s fifty day simple moving average is $22.46 and its 200 day simple moving average is $22.60.

Gladstone Commercial Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a $0.138 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Tuesday, June 23rd.

About Gladstone Commercial

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.