Gladstone Land Co. (NASDAQ:LANDP) Short Interest Up 34.9% in February

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 8,299 shares, an increase of 34.9% from the January 29th total of 6,152 shares. Based on an average daily volume of 30,425 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 30,425 shares, the short-interest ratio is presently 0.3 days.

Gladstone Land Price Performance

Shares of LANDP traded down $0.03 during mid-day trading on Tuesday, reaching $19.72. The company’s stock had a trading volume of 13,694 shares, compared to its average volume of 27,302. The business has a fifty day moving average of $19.45 and a 200 day moving average of $19.38. Gladstone Land has a 1 year low of $18.21 and a 1 year high of $20.79.

Gladstone Land Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a dividend of $0.125 per share. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Monday, March 23rd.

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.