Short Interest in Gladstone Land Co. (NASDAQ:LANDM) Increases By 43.4%

Gladstone Land Co. (NASDAQ:LANDM) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,195 shares, a growth of 43.4% from the December 15th total of 1,531 shares. Based on an average daily trading volume, of 4,669 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 4,669 shares, the short-interest ratio is presently 0.5 days.

Gladstone Land Stock Up 0.0%

Gladstone Land stock opened at $25.04 on Monday. Gladstone Land has a twelve month low of $24.35 and a twelve month high of $25.05. The stock’s fifty day simple moving average is $24.93 and its 200-day simple moving average is $24.88.

Gladstone Land Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Wednesday, March 25th will be given a $0.1042 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a c) dividend on an annualized basis and a yield of 5.0%.

About Gladstone Land

Gladstone Land Corporation (NASDAQ:LANDM) is a real estate investment trust specializing in the acquisition and management of farmland across the United States. Established in 2013 and headquartered in McLean, Virginia, the company focuses on generating stable income through long-term rental agreements with accredited agricultural operators. As one of the few publicly traded farmland REITs, Gladstone Land seeks to provide investors with exposure to a diversified portfolio of land assets tied to the essential agricultural sector.

The company’s primary business activity involves purchasing high-quality farmland and leasing it back under triple-net arrangements, whereby tenants assume responsibility for property taxes, insurance and maintenance.