Gladstone Commercial Co. (NASDAQ:GOODO) Sees Large Growth in Short Interest

Gladstone Commercial Co. (NASDAQ:GOODO) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,008 shares, an increase of 294.0% from the December 15th total of 1,271 shares. Based on an average trading volume of 6,766 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 6,766 shares, the short-interest ratio is currently 0.7 days.

Gladstone Commercial Stock Up 0.7%

Shares of Gladstone Commercial stock traded up $0.16 on Tuesday, reaching $20.96. 3,138 shares of the company traded hands, compared to its average volume of 9,805. The company has a 50 day moving average of $20.25 and a 200 day moving average of $20.30. Gladstone Commercial has a 52 week low of $18.30 and a 52 week high of $21.37.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.