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

Gladstone Commercial Co. (NASDAQ:GOODN) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 1,900 shares, an increase of 90.0% from the November 15th total of 1,000 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is currently 0.3 days.

Gladstone Commercial Trading Down 2.7 %

NASDAQ:GOODN traded down $0.65 during midday trading on Friday, reaching $23.25. 7,066 shares of the stock traded hands, compared to its average volume of 5,237. Gladstone Commercial has a 12-month low of $20.22 and a 12-month high of $24.91. The business has a 50-day moving average of $23.95 and a two-hundred day moving average of $23.06.

Gladstone Commercial Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd were issued a dividend of $0.138 per share. The ex-dividend date was Tuesday, October 22nd. This represents a dividend yield of 6.78%.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.