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

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 30,131 shares, a drop of 48.7% from the August 15th total of 58,776 shares. Based on an average trading volume of 14,297 shares, the days-to-cover ratio is currently 2.1 days.

AGNC Investment Price Performance

Shares of NASDAQ AGNCN opened at $25.80 on Thursday. AGNC Investment has a 12 month low of $24.65 and a 12 month high of $26.11. The business has a 50-day moving average of $25.78 and a 200-day moving average of $25.66.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.5856 per share. The ex-dividend date is Thursday, October 1st. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. This represents a $2.34 annualized dividend and a yield of 9.1%.

AGNC Investment Company Profile

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.