Short Interest in Gladstone Commercial Co. (NASDAQ:GOODN) Drops By 7.7%

Gladstone Commercial Co. (NASDAQ:GOODN) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,800 shares, a decline of 7.7% from the January 15th total of 5,200 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is presently 0.7 days.

Gladstone Commercial Stock Performance

Shares of GOODN traded down $0.04 during mid-day trading on Tuesday, hitting $23.00. The company’s stock had a trading volume of 1,949 shares, compared to its average volume of 5,008. Gladstone Commercial has a fifty-two week low of $21.03 and a fifty-two week high of $24.91. The firm has a 50-day moving average price of $22.75 and a 200 day moving average price of $23.22.

Gladstone Commercial Dividend Announcement

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

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.