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

Gladstone Land Co. (NASDAQ:LANDP) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 496 shares, a drop of 59.7% from the July 15th total of 1,231 shares. Based on an average daily trading volume, of 23,931 shares, the short-interest ratio is currently 0.0 days.

Gladstone Land Stock Performance

NASDAQ LANDP opened at $21.21 on Monday. The stock’s 50 day simple moving average is $20.75 and its 200 day simple moving average is $20.31. Gladstone Land has a one year low of $18.42 and a one year high of $21.50.

Gladstone Land Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 dividend yield of 7.1%.

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.