Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 79.7% in June

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 230 shares, a decline of 79.7% from the June 15th total of 1,132 shares. Based on an average daily volume of 2,374 shares, the short-interest ratio is presently 0.1 days.

Gladstone Commercial Trading Up 0.8%

GOODN stock traded up $0.18 during midday trading on Friday, reaching $22.58. 640 shares of the company’s stock traded hands, compared to its average volume of 3,204. Gladstone Commercial has a fifty-two week low of $20.91 and a fifty-two week high of $23.83. The business has a 50-day moving average price of $22.46 and a two-hundred day moving average price of $22.60.

Gladstone Commercial Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.138 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

About Gladstone Commercial

Gladstone Commercial Corporation (NASDAQ: GOODN) is a real estate investment trust (REIT) that specializes in acquiring, owning and operating single-tenant industrial and office properties throughout the United States. The company focuses on net?leased assets, where tenants assume responsibility for property taxes, insurance and maintenance, providing Gladstone Commercial with predictable, long?term income streams. Its investment strategy targets properties occupied by creditworthy lessees under leases that typically range from five to twenty years in term.

Founded in 2003 and publicly listed in 2005, Gladstone Commercial is externally managed by Gladstone Management Corporation, an affiliate led by industry veteran David Gladstone.