Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Up 90.0% in March

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, a growth of 90.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 0.4 days.

Gladstone Commercial Price Performance

Shares of GOODN traded down $0.07 during mid-day trading on Friday, hitting $22.73. The stock had a trading volume of 376 shares, compared to its average volume of 5,362. Gladstone Commercial has a fifty-two week low of $21.03 and a fifty-two week high of $24.91. The company’s fifty day simple moving average is $22.80 and its two-hundred day simple moving average is $23.20.

Gladstone Commercial Announces Dividend

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