Gladstone Commercial Co. (NASDAQ:GOODO – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 3,200 shares, a growth of 52.4% from the April 30th total of 2,100 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.7 days.
Shares of Gladstone Commercial stock traded up $0.75 during trading on Friday, reaching $23.55. The company’s stock had a trading volume of 1,966 shares, compared to its average volume of 4,674. Gladstone Commercial has a one year low of $21.00 and a one year high of $28.99.
The firm also recently declared a dividend, which will be paid on Tuesday, May 31st. Investors of record on Friday, May 20th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Thursday, May 19th.
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