Short Interest in Gladstone Land Co. (NASDAQ:LANDO) Rises By 81.2%

Gladstone Land Co. (NASDAQ:LANDO) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 13,713 shares, a growth of 81.2% from the January 15th total of 7,566 shares. Based on an average daily volume of 15,174 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 15,174 shares, the short-interest ratio is currently 0.9 days.

Gladstone Land Stock Down 0.2%

NASDAQ:LANDO traded down $0.04 during trading hours on Friday, hitting $20.04. 6,211 shares of the company’s stock traded hands, compared to its average volume of 19,307. The stock’s fifty day moving average price is $19.35 and its two-hundred day moving average price is $19.45. Gladstone Land has a twelve month low of $18.50 and a twelve month high of $20.90.

Gladstone Land Announces Dividend

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