Gladstone Land Co. (NASDAQ:LANDP) Short Interest Down 94.9% in December

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 281 shares, a decline of 94.9% from the December 15th total of 5,498 shares. Based on an average daily volume of 34,046 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 34,046 shares, the days-to-cover ratio is presently 0.0 days.

Gladstone Land Price Performance

Shares of LANDP stock traded down $0.03 during trading hours on Tuesday, hitting $19.30. 4,784 shares of the company’s stock were exchanged, compared to its average volume of 32,526. Gladstone Land has a 52 week low of $18.21 and a 52 week high of $22.45. The stock’s 50-day moving average is $19.08 and its 200-day moving average is $19.39.

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.