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

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 496 shares, a drop of 59.7% from the July 15th total of 1,231 shares. Based on an average trading volume of 23,931 shares, the short-interest ratio is currently 0.0 days.

Gladstone Land Price Performance

Shares of Gladstone Land stock traded up $0.06 on Friday, hitting $21.21. The company’s stock had a trading volume of 10,637 shares, compared to its average volume of 24,685. Gladstone Land has a 1 year low of $18.42 and a 1 year high of $21.50. The firm has a fifty day moving average price of $20.75 and a 200-day moving average price of $20.31.

Gladstone Land Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be issued a $0.125 dividend. This represents a c) annualized dividend and a yield of 7.1%. 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.