Gladstone Land Co. (NASDAQ:LANDO) Short Interest Down 78.3% in March

Gladstone Land Co. (NASDAQ:LANDO) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,678 shares, a decline of 78.3% from the February 26th total of 16,957 shares. Based on an average daily volume of 12,657 shares, the short-interest ratio is currently 0.3 days.

Gladstone Land Stock Up 0.7%

Shares of NASDAQ LANDO traded up $0.14 during trading on Thursday, hitting $20.22. The company had a trading volume of 7,565 shares, compared to its average volume of 15,274. Gladstone Land has a 12 month low of $18.50 and a 12 month high of $20.90. The stock has a 50 day simple moving average of $19.95 and a 200 day simple moving average of $19.56.

Gladstone Land Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a dividend of $0.125 per share. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 7.4%.

About Gladstone Land

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.