Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 68.8% in February

Gladstone Commercial Co. (NASDAQ:GOODN) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,500 shares, a drop of 68.8% from the January 31st total of 4,800 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 0.2 days.

Gladstone Commercial Trading Up 0.7 %

Shares of Gladstone Commercial stock traded up $0.15 during midday trading on Friday, hitting $22.67. The company had a trading volume of 2,306 shares, compared to its average volume of 4,390. The business’s 50 day simple moving average is $22.74 and its two-hundred day simple moving average is $23.22. Gladstone Commercial has a 1-year low of $21.03 and a 1-year high of $24.91.

Gladstone Commercial Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were paid a $0.138 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a dividend yield of 7.26%.

Gladstone Commercial Company Profile

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.