Gladstone Land Co. (NASDAQ:LANDO) Stock Short Interest Report for October

Gladstone Land Co. (NASDAQ:LANDO) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 348 shares, a decrease of 92.7% from the September 30th total of 4,754 shares. Based on an average daily volume of 13,421 shares, the short-interest ratio is presently 0.0 days.

Gladstone Land Trading Up 0.2%

Shares of LANDO traded up $0.04 during midday trading on Tuesday, reaching $19.54. 3,617 shares of the company were exchanged, compared to its average volume of 14,854. The stock has a 50-day moving average price of $20.26 and a 200-day moving average price of $20.47. Gladstone Land has a 1-year low of $18.50 and a 1-year high of $22.08.

Gladstone Land Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be issued a dividend of $0.1250 per share. This represents a $1.50 annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Monday, December 21st.

Gladstone Land Company Profile

Gladstone Land Corporation is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and managing farmland in the United States. The company primarily invests in high-quality agricultural properties that generate rental income through long-term, typically triple-net lease agreements with farming operators.

Its portfolio includes farms used to grow a range of specialty crops, such as fruits, vegetables and nuts, as well as annual row crops and other agricultural products.