Gladstone Commercial Co. (NASDAQ:GOODN – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,500 shares, a decrease of 68.8% from the January 31st total of 4,800 shares. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.2 days.
Gladstone Commercial Stock Performance
NASDAQ:GOODN traded up $0.13 on Friday, reaching $22.65. The stock had a trading volume of 1,142 shares, compared to its average volume of 4,360. The company has a 50-day moving average of $22.73 and a 200 day moving average of $23.23. Gladstone Commercial has a 12-month low of $21.03 and a 12-month high of $24.91.
Gladstone Commercial Announces Dividend
The firm also recently announced 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 yield of 7.26%.
About Gladstone Commercial
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.
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