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

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 19,898 shares, a drop of 43.9% from the August 15th total of 35,446 shares. Based on an average trading volume of 36,886 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Price Performance

Shares of AGNCP stock opened at $25.41 on Tuesday. AGNC Investment has a 1 year low of $23.62 and a 1 year high of $25.54. The firm has a fifty day moving average price of $25.24 and a 200-day moving average price of $24.98.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.5591 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Thursday, October 1st.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.