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

Gladstone Commercial Co. (NASDAQ:GOODN) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 508 shares, a decline of 19.1% from the January 29th total of 628 shares. Based on an average daily trading volume, of 2,557 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 2,557 shares, the short-interest ratio is presently 0.2 days.

Gladstone Commercial Price Performance

NASDAQ:GOODN traded up $0.02 during mid-day trading on Tuesday, reaching $22.91. 708 shares of the stock were exchanged, compared to its average volume of 4,105. Gladstone Commercial has a 1-year low of $20.51 and a 1-year high of $24.35. The business has a fifty day moving average price of $22.90 and a 200 day moving average price of $22.59.

Gladstone Commercial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be given a $0.138 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) annualized dividend and a yield of 7.2%.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation (NASDAQ: GOODN) is a real estate investment trust (REIT) that specializes in acquiring, owning and operating single-tenant industrial and office properties throughout the United States. The company focuses on net‐leased assets, where tenants assume responsibility for property taxes, insurance and maintenance, providing Gladstone Commercial with predictable, long‐term income streams. Its investment strategy targets properties occupied by creditworthy lessees under leases that typically range from five to twenty years in term.

Founded in 2003 and publicly listed in 2005, Gladstone Commercial is externally managed by Gladstone Management Corporation, an affiliate led by industry veteran David Gladstone.