Gladstone Land Co. (NASDAQ:LANDP) Sees Large Increase in Short Interest

Gladstone Land Co. (NASDAQ:LANDP) saw 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 trading volume of 25,678 shares, the short-interest ratio is presently 0.1 days.

Gladstone Land Price Performance

Gladstone Land stock opened at $20.79 on Monday. Gladstone Land has a 1-year low of $18.42 and a 1-year high of $21.18. The company has a fifty day simple moving average of $19.92 and a 200 day simple moving average of $19.51.

Gladstone Land Announces Dividend

The company also recently disclosed 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. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Tuesday, June 23rd.

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.