Gladstone Commercial Co. (NASDAQ:GOODO) Sees Significant Drop in Short Interest

by · The Cerbat Gem

Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decrease of 7.3% from the November 30th total of 4,100 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 0.5 days.

Gladstone Commercial Price Performance

Shares of GOODO stock traded down $0.01 during midday trading on Wednesday, reaching $20.50. 23,946 shares of the company traded hands, compared to its average volume of 7,877. The firm’s 50 day simple moving average is $21.58 and its two-hundred day simple moving average is $20.94. Gladstone Commercial has a 1-year low of $18.80 and a 1-year high of $22.42.

Gladstone Commercial Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd were issued a dividend of $0.125 per share. The ex-dividend date was Tuesday, October 22nd.

About Gladstone Commercial

(Get Free Report)

gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building.

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