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

Gladstone Commercial Co. (NASDAQ:GOODO) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 497 shares, a growth of 164.4% from the July 15th total of 188 shares. Based on an average trading volume of 5,491 shares, the short-interest ratio is presently 0.1 days.

Gladstone Commercial Trading Up 0.2%

Shares of Gladstone Commercial stock opened at $20.68 on Friday. The firm’s 50-day simple moving average is $20.26 and its 200-day simple moving average is $20.15. Gladstone Commercial has a twelve month low of $19.42 and a twelve month high of $22.20.

Gladstone Commercial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be issued a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Monday, September 21st.

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.