Gladstone Commercial Co. (NASDAQ:GOODO – Get Rating) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 22,400 shares, an increase of 1,217.6% from the April 15th total of 1,700 shares. Based on an average daily trading volume, of 17,600 shares, the days-to-cover ratio is currently 1.3 days.
Gladstone Commercial Trading Down 0.2 %
Shares of GOODO opened at $16.34 on Friday. The stock has a 50 day simple moving average of $17.43 and a 200 day simple moving average of $19.01. Gladstone Commercial has a 52-week low of $14.88 and a 52-week high of $24.85.
Gladstone Commercial Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, April 28th. Stockholders of record on Friday, April 21st were issued a $0.125 dividend. The ex-dividend date was Thursday, April 20th.
Insiders Place Their Bets
In other Gladstone Commercial news, President Arthur S. Cooper acquired 3,600 shares of the business’s stock in a transaction that occurred on Monday, March 6th. The shares were purchased at an average price of $13.50 per share, with a total value of $48,600.00. Following the completion of the transaction, the president now owns 22,625 shares in the company, valued at $305,437.50. The acquisition was disclosed in a document filed with the SEC, which is available at this link. In related news, CIO Elliott Wislar, Jr. purchased 2,000 shares of Gladstone Commercial stock in a transaction that occurred on Monday, March 6th. The shares were acquired at an average price of $13.68 per share, for a total transaction of $27,360.00. Following the transaction, the executive now directly owns 3,070 shares in the company, valued at $41,997.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Arthur S. Cooper acquired 3,600 shares of the company’s stock in a transaction on Monday, March 6th. The shares were purchased at an average cost of $13.50 per share, with a total value of $48,600.00. Following the completion of the acquisition, the president now directly owns 22,625 shares in the company, valued at approximately $305,437.50. The disclosure for this purchase can be found here. Insiders bought a total of 5,850 shares of company stock worth $79,348 over the last ninety days.
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