AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 45,213 shares, an increase of 619.4% from the September 30th total of 6,285 shares. Based on an average trading volume of 37,923 shares, the short-interest ratio is currently 1.2 days.
AGNC Investment Trading Down 0.0%
Shares of NASDAQ:AGNCM traded down $0.01 during trading on Wednesday, hitting $24.20. 22,429 shares of the company were exchanged, compared to its average volume of 18,313. The stock has a 50 day moving average of $25.01 and a 200 day moving average of $24.91. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.54.
AGNC Investment Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a $0.5358 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5228. This represents a $2.14 dividend on an annualized basis and a yield of 8.9%.
AGNC Investment Company Profile
AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or U.S. government agency. Its portfolio generally includes mortgage securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.
The company seeks to generate income through the difference between the returns on its investment portfolio and its borrowing costs.
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