Gladstone Land Co. (NASDAQ:LANDP) Short Interest Down 94.9% in December

Gladstone Land Co. (NASDAQ:LANDP) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 281 shares, a decrease of 94.9% from the December 15th total of 5,498 shares. Based on an average trading volume of 34,046 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 34,046 shares, the days-to-cover ratio is presently 0.0 days.

Gladstone Land Price Performance

LANDP stock traded up $0.07 during trading on Wednesday, hitting $19.35. 48,529 shares of the company’s stock were exchanged, compared to its average volume of 36,348. The business has a 50-day moving average price of $19.07 and a two-hundred day moving average price of $19.39. Gladstone Land has a 52-week low of $18.21 and a 52-week high of $22.45.

Gladstone Land Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be issued a $0.125 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 7.8%.

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.