Gladstone Land Co. (NASDAQ:LANDP) Short Interest Update

Gladstone Land Co. (NASDAQ:LANDP) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,078 shares, an increase of 117.3% from the July 30th total of 496 shares. Based on an average trading volume of 24,461 shares, the short-interest ratio is presently 0.0 days.

Gladstone Land Stock Performance

Shares of LANDP stock traded up $0.02 during trading hours on Friday, reaching $20.72. 19,774 shares of the company’s stock were exchanged, compared to its average volume of 24,364. Gladstone Land has a fifty-two week low of $18.42 and a fifty-two week high of $21.50. The stock’s 50 day moving average is $20.81 and its 200-day moving average is $20.39.

Gladstone Land Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.125 per share. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Monday, September 21st.

Gladstone Land Company Profile

Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.