Short Interest in Gladstone Commercial Co. (NASDAQ:GOODN) Expands By 720.0%

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 4,100 shares, a growth of 720.0% from the December 31st total of 500 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 0.6 days.

Gladstone Commercial Stock Performance

NASDAQ GOODN traded down $0.13 on Tuesday, reaching $22.89. The company had a trading volume of 1,454 shares, compared to its average volume of 5,933. Gladstone Commercial has a 12 month low of $21.03 and a 12 month high of $24.91. The firm’s 50 day moving average price is $23.13 and its 200 day moving average price is $23.10.

Gladstone Commercial Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 27th will be issued a dividend of $0.138 per share. This represents a yield of 7.26%. The ex-dividend date of this dividend is Friday, January 24th.

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.