Gladstone Commercial Co. (NASDAQ:GOODN) Shares Shorted: Short Interest Down 93.0% in October

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 197 shares, a decline of 93.0% from the October 15th total of 2,817 shares. Based on an average trading volume of 5,188 shares, the short-interest ratio is presently 0.0 days.

Gladstone Commercial Price Performance

GOODN stock traded down $0.03 on Wednesday, reaching $19.81. The company had a trading volume of 3,351 shares, compared to its average volume of 3,535. Gladstone Commercial has a 1 year low of $19.07 and a 1 year high of $23.91. The company’s fifty day moving average is $20.93 and its 200 day moving average is $22.27.

Gladstone Commercial Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be paid a $0.1380 dividend. The ex-dividend date of this dividend is Monday, December 21st. This represents a $1.66 annualized dividend and a yield of 8.4%.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust (REIT) that owns and leases commercial properties in the United States. Its portfolio includes primarily industrial and office buildings, often leased to individual tenants under long-term net leases. Founded in 2003, the company has focused on acquiring properties that can provide rental income across a range of U.S. markets. Its tenants span multiple industries, and its properties serve businesses seeking space for operations, manufacturing, distribution, and office use.