AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 225.8% in April

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 61,639 shares, a growth of 225.8% from the April 15th total of 18,917 shares. Based on an average daily trading volume, of 22,128 shares, the days-to-cover ratio is presently 2.8 days.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNCN opened at $25.73 on Thursday. The stock has a fifty day simple moving average of $25.48 and a two-hundred day simple moving average of $25.52. AGNC Investment has a 12-month low of $24.65 and a 12-month high of $26.11.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were paid a $0.5652 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.8%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.