Gladstone Land Co. (NASDAQ:LANDO) Stock Short Interest Report for October

Gladstone Land Co. (NASDAQ:LANDO) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,882 shares, a growth of 440.8% from the October 15th total of 348 shares. Based on an average trading volume of 12,975 shares, the short-interest ratio is presently 0.1 days.

Gladstone Land Stock Performance

LANDO stock traded up $0.02 during midday trading on Friday, reaching $19.17. 4,781 shares of the company’s stock traded hands, compared to its average volume of 14,974. The firm’s fifty day moving average price is $19.72 and its 200-day moving average price is $20.43. Gladstone Land has a 52 week low of $18.35 and a 52 week high of $22.08.

Gladstone Land Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Monday, December 21st will be paid a dividend of $0.1250 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Monday, December 21st.

Gladstone Land Company Profile

Gladstone Land Corporation is a real estate investment trust focused on owning farmland and farm-related properties in the United States. Its portfolio includes farms used to grow fresh produce and permanent crops, such as fruits and nuts. The company leases its properties to independent farmers, generally through long-term agreements that assign many property operating costs to the tenants. This model gives farmers access to agricultural land while allowing Gladstone Land to earn rental income from its real estate.