Gladstone Commercial Co. (NASDAQ:GOODN) Stock Short Interest Report for October

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,817 shares, an increase of 756.2% from the September 30th total of 329 shares. Based on an average daily trading volume, of 4,753 shares, the short-interest ratio is currently 0.6 days.

Gladstone Commercial Stock Down 1.2%

Shares of NASDAQ GOODN opened at $19.91 on Thursday. The stock’s fifty day simple moving average is $21.63 and its two-hundred day simple moving average is $22.42. Gladstone Commercial has a 12-month low of $19.65 and a 12-month high of $23.91.

Gladstone Commercial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be paid a dividend of $0.1380 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, December 21st.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust (REIT) that owns, acquires and manages income-producing commercial properties in the United States. The company primarily invests in office and industrial real estate, including properties leased to a diversified group of business tenants.

Gladstone Commercial generates revenue principally through rental income under long-term leases. Its portfolio has included suburban office buildings, medical-office properties, corporate facilities, warehouses and other industrial assets.