Is Buying Farmland Partners Inc (NYSE:FPI) Here Good Idea?

Farmland Partners Inc. (NYSE:FPI) Logo

The stock of Farmland Partners Inc (NYSE:FPI) registered a decrease of 1.52% in short interest. FPI’s total short interest was 3.54M shares in December as published by FINRA. Its down 1.52% from 3.60 million shares, reported previously. With 239,200 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 11.69%.

The stock decreased 3.19% or $0.19 during the last trading session, reaching $5.77. About 231,713 shares traded. Farmland Partners Inc. (NYSE:FPI) has declined 22.73% since December 8, 2017 and is downtrending. It has underperformed by 38.35% 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 $215.05 million. The Company’s farms are used to grow primary crops, such as corn, soybeans, wheat, rice, and cotton. It currently has negative earnings. 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: Seekingalpha.com which released: “Farming REITs And Trade War Pressures – Seeking Alpha” on September 18, 2018, also Globenewswire.com with their article: “New Farmland Class Action: Bernstein Liebhard LLP Has Filed a New Securities Class Action Lawsuit Against Farmland Partners Inc. Expanding the Relevant Class Period – FPI, FPI-PB – GlobeNewswire” published on August 19, 2018, Seekingalpha.com published: “Farmland: A Macro Perspective – Seeking Alpha” on September 07, 2016. More interesting news about Farmland Partners Inc. (NYSE:FPI) were released by: Seekingalpha.com and their article: “Farmland Partners: Preferred – Seeking Alpha” published on August 18, 2017 as well as Seekingalpha.com‘s news article titled: “Farmland Partners: Increasing Pressure – Seeking Alpha” with publication date: July 06, 2018.

Farmland Partners Inc. (NYSE:FPI) Ratings Chart

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