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

Gladstone Commercial Co. (NASDAQ:GOODO) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,146 shares, a decrease of 65.3% from the September 15th total of 3,307 shares. Based on an average trading volume of 7,184 shares, the short-interest ratio is currently 0.2 days.

Gladstone Commercial Stock Performance

NASDAQ:GOODO traded down $0.23 on Wednesday, reaching $17.79. 11,467 shares of the stock traded hands, compared to its average volume of 7,136. Gladstone Commercial has a 1-year low of $17.51 and a 1-year high of $22.20. The company’s 50 day moving average is $20.08 and its 200-day moving average is $20.09.

Gladstone Commercial Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Monday, December 21st will be paid a $0.1250 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.4%. 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 owns, acquires and manages income-producing commercial properties in the United States. The company primarily focuses on net-leased assets, under which tenants generally assume responsibility for property taxes, insurance and maintenance expenses.

Its portfolio has historically included office and industrial properties, including single-tenant and smaller multi-tenant facilities. Gladstone Commercial seeks to generate recurring rental income through long-term leases with businesses across a range of industries and geographic markets.

Gladstone Commercial was established in 2003 and is externally advised by Gladstone Management Corporation, an affiliate of the broader Gladstone group of investment companies.