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

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 11,692 shares, a growth of 183.4% from the May 31st total of 4,126 shares. Based on an average daily volume of 9,932 shares, the short-interest ratio is currently 1.2 days.

AGNC Investment Stock Up 0.3%

Shares of AGNCL traded up $0.07 during mid-day trading on Friday, hitting $25.00. 13,628 shares of the company were exchanged, compared to its average volume of 13,868. AGNC Investment has a 1-year low of $23.61 and a 1-year high of $25.44. The company has a 50 day moving average of $24.96 and a 200-day moving average of $24.90.

AGNC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.4844 per share. This represents a $1.94 annualized dividend and a yield of 7.8%. The ex-dividend date is Wednesday, July 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.