Gladstone Commercial Co. (NASDAQ:GOODO) Short Interest Up 71.6% in May

Gladstone Commercial Co. (NASDAQ:GOODO) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 544 shares, an increase of 71.6% from the April 30th total of 317 shares. Based on an average daily trading volume, of 5,745 shares, the short-interest ratio is currently 0.1 days.

Gladstone Commercial Trading Down 0.4%

GOODO opened at $20.16 on Thursday. The business’s 50-day simple moving average is $19.99 and its 200-day simple moving average is $20.20. Gladstone Commercial has a one year low of $19.42 and a one year high of $22.20.

Gladstone Commercial Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 7.4%.

About Gladstone Commercial

Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.