Gladstone Commercial Co. (NASDAQ:GOODO) Sees Significant Drop in Short Interest

Gladstone Commercial Co. (NASDAQ:GOODO) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 3,800 shares, a drop of 7.3% from the November 30th total of 4,100 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 0.5 days.

Gladstone Commercial Stock Performance

NASDAQ:GOODO traded down $0.01 during midday trading on Wednesday, reaching $20.50. The stock had a trading volume of 23,946 shares, compared to its average volume of 7,877. Gladstone Commercial has a 12-month low of $18.80 and a 12-month high of $22.42. The firm has a fifty day simple moving average of $21.58 and a two-hundred day simple moving average of $20.94.

Gladstone Commercial Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd were paid a dividend of $0.125 per share. The ex-dividend date was Tuesday, October 22nd.

About Gladstone Commercial

gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building.