Short Interest in Gladstone Land Co. (NASDAQ:LANDO) Expands By 396.3%

Gladstone Land Co. (NASDAQ:LANDO) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,533 shares, an increase of 396.3% from the July 15th total of 3,331 shares. Based on an average trading volume of 20,338 shares, the short-interest ratio is currently 0.8 days.

Gladstone Land Stock Down 0.5%

LANDO stock traded down $0.10 during mid-day trading on Wednesday, reaching $21.80. 8,697 shares of the stock traded hands, compared to its average volume of 15,195. Gladstone Land has a 52 week low of $18.50 and a 52 week high of $22.08. The business has a 50-day moving average of $20.98 and a two-hundred day moving average of $20.58.

Gladstone Land Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.125 per share. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, September 21st.

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.