Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 68.8% in February

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,500 shares, a decline of 68.8% from the January 31st total of 4,800 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is presently 0.2 days.

Gladstone Commercial Stock Performance

Shares of Gladstone Commercial stock traded up $0.15 during trading on Friday, reaching $22.67. The company’s stock had a trading volume of 2,306 shares, compared to its average volume of 4,390. The stock has a 50-day moving average price of $22.74 and a two-hundred day moving average price of $23.22. Gladstone Commercial has a one year low of $21.03 and a one year high of $24.91.

Gladstone Commercial Dividend Announcement

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

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.