Gladstone Land Co. (NASDAQ:LANDO) Sees Significant Growth in Short Interest

Gladstone Land Co. (NASDAQ:LANDO) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 7,566 shares, a growth of 133.4% from the December 31st total of 3,241 shares. Based on an average daily volume of 33,155 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 33,155 shares, the short-interest ratio is currently 0.2 days.

Gladstone Land Stock Performance

Shares of NASDAQ LANDO traded down $0.02 during trading hours on Friday, hitting $19.92. 7,945 shares of the company traded hands, compared to its average volume of 24,637. The company’s 50 day moving average price is $19.16 and its 200 day moving average price is $19.44. Gladstone Land has a 12 month low of $18.50 and a 12 month high of $20.90.

Gladstone Land Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be paid a $0.125 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 7.5%.

About Gladstone Land

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.