Gladstone Land Co. (NASDAQ:LANDP) Short Interest Down 42.0% in January

Gladstone Land Co. (NASDAQ:LANDP) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 6,152 shares, a drop of 42.0% from the January 15th total of 10,606 shares. Based on an average daily trading volume, of 22,969 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 22,969 shares, the short-interest ratio is currently 0.3 days.

Gladstone Land Trading Up 0.3%

Shares of NASDAQ LANDP traded up $0.05 during mid-day trading on Friday, reaching $19.84. The company had a trading volume of 15,749 shares, compared to its average volume of 30,182. Gladstone Land has a twelve month low of $18.21 and a twelve month high of $20.79. The stock’s 50 day moving average is $19.21 and its 200-day moving average is $19.37.

Gladstone Land Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

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.