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

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,900 shares, a growth of 90.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is currently 0.4 days.

Gladstone Commercial Trading Down 0.3 %

Shares of GOODN stock traded down $0.07 on Friday, reaching $22.73. The company’s stock had a trading volume of 376 shares, compared to its average volume of 5,345. Gladstone Commercial has a 12-month low of $21.03 and a 12-month high of $24.91. The stock’s 50 day simple moving average is $22.81 and its 200-day simple moving average is $23.20.

Gladstone Commercial Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were given a dividend of $0.138 per share. The ex-dividend date was Friday, January 24th. This represents a dividend yield of 7.26%.

Gladstone Commercial Company Profile

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.