Time to Reconsider Farmland Partners Inc (NYSE:FPI) After Less Short Sellers?

July 27, 2018 - By Margaret Guttierez

Farmland Partners Inc. (NYSE:FPI) Logo

The stock of Farmland Partners Inc (NYSE:FPI) registered a decrease of 8.94% in short interest. FPI’s total short interest was 3.58M shares in July as published by FINRA. Its down 8.94% from 3.94 million shares, reported previously. With 245,600 shares average volume, it will take short sellers 15 days to cover their FPI’s short positions. The short interest to Farmland Partners Inc’s float is 12.12%.

The stock increased 3.67% or $0.24 during the last trading session, reaching $6.78. About 483,004 shares traded or 5.78% up from the average. Farmland Partners Inc. (NYSE:FPI) has declined 15.82% since July 27, 2017 and is downtrending. It has underperformed by 28.39% the S&P500.

Farmland Partners Inc., a real estate company, owns and seeks to acquire farmland located in agricultural markets in North America. The company has market cap of $266.47 million. The Company’s farms are used to grow primary crops, such as corn, soybeans, wheat, rice, and cotton. It has a 308.18 P/E ratio. The companyÂ’s farms are also used to grow specialty crops, including almond, citrus, blueberries, vegetables, and edible beans.

More notable recent Farmland Partners Inc. (NYSE:FPI) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: ATEN UNM ANW DB GLCNF GLNCY FPI NWL PCG ACAD: The Law Offices of Vincent …” on July 26, 2018, also Benzinga.com with their article: “Farmland Partners Loans Are ‘Concerning, But Immaterial,’ Analyst Says In Upgrade” published on July 13, 2018, Seekingalpha.com published: “Farmland Partners: Distractions” on July 26, 2018. More interesting news about Farmland Partners Inc. (NYSE:FPI) were released by: Globenewswire.com and their article: “Hagens Berman Alerts Investors in Farmland Partners, Inc. (NYSE: FPI) to the September 10, 2018 Securities Class …” published on July 18, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: MD COOL HAIR TAL UNM QCOM FPI GOGO FLKS: The Law Offices of Vincent Wong …” with publication date: July 23, 2018.

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