Gladstone Commercial Co. (NASDAQ:GOODO) Stock Short Interest Report for October

Gladstone Commercial Co. (NASDAQ:GOODO) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,776 shares, a growth of 142.2% from the September 30th total of 1,146 shares. Based on an average daily trading volume, of 12,212 shares, the days-to-cover ratio is currently 0.2 days.

Gladstone Commercial Stock Performance

GOODO stock traded up $0.08 during trading on Friday, hitting $17.98. The company had a trading volume of 8,050 shares, compared to its average volume of 7,105. Gladstone Commercial has a one year low of $17.49 and a one year high of $22.20. The business has a 50-day moving average of $19.39 and a 200-day moving average of $20.01.

Gladstone Commercial Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Monday, December 21st will be given a $0.1250 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, December 21st.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a real estate investment trust (REIT) that acquires, owns and manages income-producing commercial properties. The company primarily focuses on office and industrial assets that are leased to businesses under long-term agreements, generating rental income for its investment portfolio.

Gladstone Commercial’s properties are located across the United States and serve a variety of tenants and industries. Its portfolio has historically included single-tenant and select multi-tenant properties, with an emphasis on assets that can provide stable occupancy and recurring cash flow.