Gladstone Commercial Co. (NASDAQ:GOODN) Sees Significant Growth in Short Interest

Gladstone Commercial Co. (NASDAQ:GOODN) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 90.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 0.4 days.

Gladstone Commercial Stock Performance

Shares of NASDAQ:GOODN traded down $0.07 on Friday, hitting $22.73. The company’s stock had a trading volume of 376 shares, compared to its average volume of 5,362. The company has a 50-day simple moving average of $22.80 and a 200 day simple moving average of $23.20. Gladstone Commercial has a 1 year low of $21.03 and a 1 year high of $24.91.

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 paid a $0.138 dividend. The ex-dividend date 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.