Gladstone Commercial Co. (NASDAQ:GOODN) Sees Large Increase in Short Interest

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant 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 daily volume of 5,900 shares, the days-to-cover ratio is presently 0.3 days.

Gladstone Commercial Stock Performance

Shares of Gladstone Commercial stock traded down $0.65 during trading on Friday, hitting $23.25. 7,066 shares of the stock traded hands, compared to its average volume of 5,237. The stock’s fifty day simple moving average is $23.95 and its 200 day simple moving average is $23.06. Gladstone Commercial has a 52-week low of $20.22 and a 52-week high of $24.91.

Gladstone Commercial Announces Dividend

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

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.