Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 1,500 shares, a decline of 60.5% from the December 15th total of 3,800 shares. Based on an average daily trading volume, of 8,900 shares, the days-to-cover ratio is currently 0.2 days.
Gladstone Commercial Stock Performance
Shares of NASDAQ GOODO opened at $20.77 on Thursday. Gladstone Commercial has a fifty-two week low of $18.80 and a fifty-two week high of $22.42. The business has a 50-day moving average of $21.31 and a 200-day moving average of $20.99.
Gladstone Commercial Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 19th will be issued a dividend of $0.125 per share. The ex-dividend date is Wednesday, March 19th. This represents a $1.50 dividend on an annualized basis and a yield of 7.22%.
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.
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