Gladstone Commercial Co. (NASDAQ:GOODN – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,100 shares, an increase of 173.3% from the March 31st total of 1,500 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is currently 0.9 days.
Gladstone Commercial Price Performance
Shares of NASDAQ:GOODN opened at $21.45 on Friday. Gladstone Commercial has a 12 month low of $16.51 and a 12 month high of $24.66. The company’s 50-day moving average price is $22.96 and its two-hundred day moving average price is $21.47.
Gladstone Commercial Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th will be issued a dividend of $0.138 per share. This represents a yield of 7.45%. The ex-dividend date is Thursday, April 18th.
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.
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