Short Interest in Gladstone Commercial Co. (NASDAQ:GOODO) Declines By 15.6%
Gladstone Commercial Co. (NASDAQ:GOODO – Get Rating) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 2,700 shares, a decline of 15.6% from the May 15th total of 3,200 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 0.7 days.
NASDAQ:GOODO traded up $0.43 during midday trading on Friday, reaching $21.44. 225 shares of the company traded hands, compared to its average volume of 4,473. Gladstone Commercial has a twelve month low of $21.00 and a twelve month high of $28.99.
The business also recently disclosed a dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 22nd will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, June 21st.
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