Gladstone Land Co. (NASDAQ:LANDP) Stock Short Interest Report for September

Gladstone Land Co. (NASDAQ:LANDP) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 7,447 shares, a growth of 68.6% from the September 15th total of 4,416 shares. Based on an average trading volume of 23,428 shares, the short-interest ratio is currently 0.3 days.

Gladstone Land Stock Down 0.9%

Shares of Gladstone Land stock opened at $19.61 on Friday. Gladstone Land has a 1-year low of $18.42 and a 1-year high of $21.50. The business’s fifty day moving average price is $20.36 and its two-hundred day moving average price is $20.46.

Gladstone Land Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Monday, December 21st will be issued a dividend of $0.1250 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, December 21st.

Gladstone Land Company Profile

Gladstone Land Corporation is a real estate investment trust (REIT) that owns and leases farmland and agricultural properties in the United States. The company primarily invests in high-quality farmland that can generate rental income from agricultural operators under long-term lease agreements.

Its portfolio includes properties used to grow a variety of crops, including vegetables, fruits, nuts and other specialty crops, as well as annual row crops. Gladstone Land generally leases its properties to farming businesses under arrangements designed to provide recurring rental income while allowing tenants to manage day-to-day agricultural operations.

Gladstone Land serves agricultural markets across multiple U.S.