Gladstone Commercial Co. (NASDAQ:GOODN) Stock Short Interest Declines 57.8%

Gladstone Commercial Co. (NASDAQ:GOODN) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 264 shares, a decrease of 57.8% from the August 31st total of 625 shares. Based on an average trading volume of 3,806 shares, the days-to-cover ratio is presently 0.1 days.

Gladstone Commercial Price Performance

GOODN opened at $20.86 on Wednesday. Gladstone Commercial has a 52-week low of $20.80 and a 52-week high of $23.91. The business’s fifty day moving average is $22.95 and its 200-day moving average is $22.62.

Gladstone Commercial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.1380 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $1.66 annualized dividend and a yield of 7.9%.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust (REIT) that acquires, owns and manages income-producing commercial properties in the United States. The company primarily focuses on net-leased industrial and office properties, generally leased to established businesses under long-term agreements.

Gladstone Commercial’s portfolio has historically included office buildings, industrial facilities, medical office properties and other commercial real estate. Its strategy emphasizes diversified properties and tenants across multiple U.S.