Short Interest in Gladstone Land Co. (NASDAQ:LANDP) Rises By 3,674.4%

Gladstone Land Co. (NASDAQ:LANDP) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 10,606 shares, an increase of 3,674.4% from the December 31st total of 281 shares. Based on an average trading volume of 37,080 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 37,080 shares, the short-interest ratio is presently 0.3 days.

Gladstone Land Stock Up 0.5%

Shares of LANDP stock opened at $19.59 on Thursday. Gladstone Land has a 12-month low of $18.21 and a 12-month high of $21.96. The business’s fifty day simple moving average is $19.06 and its 200-day simple moving average is $19.39.

Gladstone Land Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a $0.125 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 7.7%.

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.