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

Gladstone Commercial Co. (NASDAQ:GOODO) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 137 shares, a decrease of 76.3% from the May 31st total of 578 shares. Based on an average daily trading volume, of 3,819 shares, the days-to-cover ratio is currently 0.0 days.

Gladstone Commercial Stock Down 0.3%

Shares of NASDAQ GOODO traded down $0.06 during trading on Monday, hitting $20.05. The company had a trading volume of 2,010 shares, compared to its average volume of 7,111. Gladstone Commercial has a 12 month low of $19.42 and a 12 month high of $22.20. The stock has a 50 day simple moving average of $20.12 and a 200 day simple moving average of $20.24.

Gladstone Commercial Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be issued a $0.125 dividend. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, June 23rd.

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.