Short Interest in Gladstone Land Co. (NASDAQ:LANDP) Rises By 359.2%

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 3,669 shares, a growth of 359.2% from the March 31st total of 799 shares. Based on an average daily volume of 25,678 shares, the short-interest ratio is currently 0.1 days.

Gladstone Land Trading Down 0.6%

Shares of NASDAQ LANDP opened at $20.79 on Friday. Gladstone Land has a fifty-two week low of $18.42 and a fifty-two week high of $21.18. The stock has a fifty day moving average of $19.92 and a 200-day moving average of $19.51.

Gladstone Land Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be given a $0.125 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 7.2%.

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.