Gladstone Commercial Co. (NASDAQ:GOODN) Short Interest Down 90.9% in July

Gladstone Commercial Co. (NASDAQ:GOODN) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 90.9% from the June 30th total of 1,100 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 0.0 days.

Gladstone Commercial Stock Down 0.6 %

NASDAQ GOODN traded down $0.13 on Thursday, hitting $21.66. 4,595 shares of the company were exchanged, compared to its average volume of 4,857. The stock has a fifty day moving average of $22.33 and a 200-day moving average of $22.38. Gladstone Commercial has a 12 month low of $18.50 and a 12 month high of $24.66.

Gladstone Commercial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be paid a $0.138 dividend. This represents a $1.66 annualized dividend and a dividend yield of 7.65%. The ex-dividend date of this dividend is Friday, September 20th.

Gladstone Commercial Company Profile

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.