AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 31,100 shares, a drop of 6.3% from the October 31st total of 33,200 shares. Based on an average daily volume of 24,400 shares, the short-interest ratio is currently 1.3 days.

AGNC Investment Stock Performance

AGNCN opened at $25.59 on Monday. AGNC Investment has a fifty-two week low of $24.83 and a fifty-two week high of $26.08. The firm’s fifty day moving average is $25.66 and its 200 day moving average is $25.73.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.681 dividend. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.68. The ex-dividend date was Tuesday, October 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 10.64%.

Institutional Trading of AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNCN) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 11,700 shares of the company’s stock, valued at approximately $304,000.

About AGNC Investment

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.