Gladstone Land Co. (NASDAQ:LANDO – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 5,300 shares, a growth of 5,200.0% from the April 30th total of 100 shares. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is currently 0.4 days.
Gladstone Land Trading Down 4.9 %
Gladstone Land stock opened at $20.85 on Friday. Gladstone Land has a 1 year low of $20.81 and a 1 year high of $27.95. The business has a 50 day simple moving average of $22.99.
Gladstone Land Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, April 28th. Shareholders of record on Friday, April 21st were given a $0.125 dividend. The ex-dividend date was Thursday, April 20th. This represents a yield of 6.22%.
About Gladstone Land
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion.
- Get a free copy of the StockNews.com research report on Gladstone Land (LANDO)
- 3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization
- Can ULTA’s Defensive Product Line Stand Against This Down Cycle
- A Reversal Is Brewing For Medtronic: Buying The Dip
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.