Gladstone Land Co. (NASDAQ:LANDP) Short Interest Up 117.3% in August

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,078 shares, a growth of 117.3% from the July 30th total of 496 shares. Based on an average daily volume of 24,461 shares, the short-interest ratio is currently 0.0 days.

Gladstone Land Price Performance

Shares of LANDP opened at $20.72 on Monday. Gladstone Land has a twelve month low of $18.42 and a twelve month high of $21.50. The firm’s 50 day moving average price is $20.81 and its two-hundred day moving average price is $20.39.

Gladstone Land Dividend Announcement

The business also recently declared 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. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Monday, September 21st.

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.