Short Interest in Gladstone Commercial Co. (NASDAQ:GOODN) Grows By 720.0%

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,100 shares, an increase of 720.0% from the December 31st total of 500 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 0.6 days.

Gladstone Commercial Price Performance

Gladstone Commercial stock traded down $0.13 during trading hours on Tuesday, hitting $22.89. The company had a trading volume of 1,454 shares, compared to its average volume of 5,933. The company has a 50-day moving average price of $23.13 and a two-hundred day moving average price of $23.10. Gladstone Commercial has a 1 year low of $21.03 and a 1 year high of $24.91.

Gladstone Commercial Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 27th will be given a dividend of $0.138 per share. This represents a yield of 7.26%. The ex-dividend date of this dividend is Friday, January 24th.

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.