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

Gladstone Land Co. (NASDAQ:LANDP) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 496 shares, a drop of 59.7% from the July 15th total of 1,231 shares. Based on an average daily trading volume, of 23,931 shares, the short-interest ratio is presently 0.0 days.

Gladstone Land Trading Up 0.3%

LANDP traded up $0.06 during trading on Friday, reaching $21.21. 10,637 shares of the company’s stock were exchanged, compared to its average volume of 24,685. Gladstone Land has a one year low of $18.42 and a one year high of $21.50. The firm has a fifty day moving average price of $20.75 and a two-hundred day moving average price of $20.31.

Gladstone Land Dividend Announcement

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 paid a $0.125 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 7.1%.

About Gladstone Land

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.