Short Interest in Gladstone Commercial Co. (NASDAQ:GOODO) Rises By 59.1%

Gladstone Commercial Co. (NASDAQ:GOODO) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 1,271 shares, a growth of 59.1% from the November 30th total of 799 shares. Based on an average daily volume of 5,388 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 5,388 shares, the short-interest ratio is currently 0.2 days.

Gladstone Commercial Price Performance

Gladstone Commercial stock traded up $0.27 on Friday, reaching $20.80. The company’s stock had a trading volume of 9,988 shares, compared to its average volume of 5,068. The business’s fifty day moving average price is $20.08 and its 200 day moving average price is $20.29. Gladstone Commercial has a twelve month low of $18.30 and a twelve month high of $21.37.

Gladstone Commercial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 7.2%.

About Gladstone Commercial

Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.