Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 1,000 shares, a decrease of 66.7% from the June 15th total of 3,000 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 0.1 days.
Gladstone Commercial Trading Up 2.1 %
Shares of NASDAQ GOODO traded up $0.40 during mid-day trading on Thursday, hitting $19.60. 10,939 shares of the company traded hands, compared to its average volume of 8,220. Gladstone Commercial has a 1 year low of $16.19 and a 1 year high of $20.59. The business has a 50 day moving average of $19.94 and a two-hundred day moving average of $19.74.
Gladstone Commercial Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 22nd will be issued a $0.125 dividend. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.65%.
About Gladstone Commercial
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.
Further Reading
- Five stocks we like better than Gladstone Commercial
- Top Stocks Investing in 5G Technology
- Sales Breakout Sends This Semiconductor Stock to Record High
- Dividend Capture Strategy: What You Need to Know
- Surprise Buying Opportunity on This Dividend Aristocrat
- Energy and Oil Stocks Explained
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Gladstone Commercial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Commercial and related companies with MarketBeat.com's FREE daily email newsletter.