AGNC Investment Corp. (NASDAQ:AGNCM) Sees Significant Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 28,100 shares, a growth of 639.5% from the December 31st total of 3,800 shares. Based on an average daily trading volume, of 17,000 shares, the days-to-cover ratio is presently 1.7 days.

AGNC Investment Stock Up 0.3 %

NASDAQ AGNCM traded up $0.07 during trading hours on Tuesday, hitting $25.32. The company had a trading volume of 10,072 shares, compared to its average volume of 12,309. The firm has a 50 day simple moving average of $25.28 and a 200 day simple moving average of $25.19. AGNC Investment has a 52 week low of $24.21 and a 52 week high of $25.85.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.5904 dividend. This represents a $2.36 annualized dividend and a yield of 9.33%. The ex-dividend date was Tuesday, December 31st.

AGNC Investment Company Profile

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.