Short Interest in Gladstone Land Co. (NASDAQ:LANDO) Decreases By 32.4%

by · The Cerbat Gem

Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 5,119 shares, a decrease of 32.4% from the November 30th total of 7,567 shares. Based on an average daily volume of 21,628 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 21,628 shares, the short-interest ratio is currently 0.2 days.

Gladstone Land Price Performance

Shares of Gladstone Land stock traded down $0.12 during mid-day trading on Wednesday, hitting $18.66. 48,644 shares of the stock were exchanged, compared to its average volume of 14,015. Gladstone Land has a 12 month low of $18.50 and a 12 month high of $21.40. The company has a 50-day simple moving average of $19.25 and a 200 day simple moving average of $19.44.

Gladstone Land Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be given a $0.125 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) annualized dividend and a yield of 8.0%.

Gladstone Land Company Profile

(Get Free Report)

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.

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