Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 69.3% in August

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 625 shares, a decline of 69.3% from the August 15th total of 2,036 shares. Based on an average trading volume of 2,025 shares, the short-interest ratio is currently 0.3 days.

Gladstone Commercial Trading Down 1.4%

Shares of Gladstone Commercial stock traded down $0.31 during trading on Friday, hitting $22.17. The stock had a trading volume of 10,064 shares, compared to its average volume of 3,100. Gladstone Commercial has a 12 month low of $20.91 and a 12 month high of $23.91. The business’s 50-day moving average is $23.11 and its 200 day moving average is $22.69.

Gladstone Commercial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a $0.138 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Monday, September 21st.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation (NASDAQ: GOODN) is a real estate investment trust (REIT) that specializes in acquiring, owning and operating single-tenant industrial and office properties throughout the United States. The company focuses on net‐leased assets, where tenants assume responsibility for property taxes, insurance and maintenance, providing Gladstone Commercial with predictable, long‐term income streams. Its investment strategy targets properties occupied by creditworthy lessees under leases that typically range from five to twenty years in term.

Founded in 2003 and publicly listed in 2005, Gladstone Commercial is externally managed by Gladstone Management Corporation, an affiliate led by industry veteran David Gladstone.