AGNC Investment Corp. (NASDAQ:AGNCP) Stock Short Interest Rises 328.5%

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 67,358 shares, a growth of 328.5% from the September 30th total of 15,718 shares. Based on an average trading volume of 114,135 shares, the short-interest ratio is currently 0.6 days.

AGNC Investment Stock Up 0.3%

NASDAQ AGNCP opened at $24.52 on Wednesday. The business has a 50 day moving average price of $25.10 and a 200 day moving average price of $24.98. AGNC Investment has a 1-year low of $23.62 and a 1-year high of $25.54.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.5591 per share. The ex-dividend date was Thursday, October 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.5488. This represents a $2.24 annualized dividend and a yield of 9.1%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.