Gladstone Land Co. (NASDAQ:LANDP) Sees Significant Decrease in Short Interest

Gladstone Land Co. (NASDAQ:LANDP) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 799 shares, a decrease of 51.6% from the March 15th total of 1,651 shares. Based on an average daily volume of 20,858 shares, the short-interest ratio is presently 0.0 days.

Gladstone Land Stock Up 0.3%

Shares of LANDP stock traded up $0.06 during trading hours on Tuesday, hitting $20.13. The company’s stock had a trading volume of 36,188 shares, compared to its average volume of 25,428. The business has a fifty day moving average of $19.83 and a 200-day moving average of $19.46. Gladstone Land has a twelve month low of $18.42 and a twelve month high of $20.79.

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.