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

Gladstone Land Co. (NASDAQ:LANDO) was the target of a large growth in short interest during 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 days-to-cover ratio is currently 2.6 days.

Gladstone Land Stock Down 0.1%

Shares of Gladstone Land stock traded down $0.02 on Tuesday, reaching $21.02. 804 shares of the company were exchanged, compared to its average volume of 14,628. The stock has a fifty day moving average price of $21.11 and a 200-day moving average price of $20.71. Gladstone Land has a fifty-two week low of $18.50 and a fifty-two week high of $22.08.

Gladstone Land Dividend Announcement

The business also recently declared 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) dividend on an annualized basis and a yield of 7.1%.

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.