Gladstone Land Co. (NASDAQ:LANDO) Short Interest Update

Gladstone Land Co. (NASDAQ:LANDO) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 28,507 shares, a growth of 72.4% from the July 30th total of 16,533 shares. Based on an average trading volume of 10,801 shares, the short-interest ratio is presently 2.6 days.

Gladstone Land Trading Down 0.3%

Shares of Gladstone Land stock opened at $20.98 on Wednesday. The firm’s 50-day simple moving average is $21.12 and its 200-day simple moving average is $20.72. Gladstone Land has a twelve month low of $18.50 and a twelve month high of $22.08.

Gladstone Land Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be paid a dividend of $0.125 per share. The ex-dividend date is Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 7.1%.

Gladstone Land Company Profile

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.