Short Interest in Gladstone Land Co. (NASDAQ:LANDO) Increases By 133.4%

Gladstone Land Co. (NASDAQ:LANDO) was the target of a significant growth in short interest in 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 trading volume of 33,155 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 33,155 shares, the days-to-cover ratio is currently 0.2 days.

Gladstone Land Stock Performance

Shares of NASDAQ:LANDO traded up $0.09 during trading on Thursday, reaching $19.94. The stock had a trading volume of 9,285 shares, compared to its average volume of 25,520. Gladstone Land has a fifty-two week low of $18.50 and a fifty-two week high of $20.90. The business has a fifty day moving average price of $19.13 and a 200-day moving average price of $19.44.

Gladstone Land Dividend Announcement

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

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.