Gladstone Land Co. (NASDAQ:LANDO) Short Interest Up 81.2% in January

Gladstone Land Co. (NASDAQ:LANDO) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 13,713 shares, an increase of 81.2% from the January 15th total of 7,566 shares. Based on an average daily volume of 15,174 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 15,174 shares, the short-interest ratio is presently 0.9 days.

Gladstone Land Trading Down 0.2%

NASDAQ:LANDO traded down $0.04 on Friday, hitting $20.04. 6,211 shares of the company’s stock were exchanged, compared to its average volume of 19,307. The firm has a 50-day moving average price of $19.35 and a 200-day moving average price of $19.45. Gladstone Land has a 52 week low of $18.50 and a 52 week high of $20.90.

Gladstone Land Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be given a dividend of $0.125 per share. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 7.5%.

Gladstone Land Company Profile

Gladstone Land (NASDAQ:LAND) is a real estate investment trust (REIT) that specializes in the acquisition and ownership of farmland across the United States. The company purchases agricultural properties and leases them to farmers under long-term, triple-net lease agreements. By focusing exclusively on high-quality farmland, Gladstone Land aims to provide investors with steady income and potential for long-term capital appreciation, while supporting the operational needs of farming businesses.

The company’s portfolio includes a diversified mix of row crop and permanent crop farmland, spanning key agricultural regions in states such as California, Washington, Florida, Pennsylvania and North Carolina.