Short Interest in AGNC Investment Corp. (NASDAQ:AGNCZ) Grows By 150.8%

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 84,020 shares, a growth of 150.8% from the June 15th total of 33,496 shares. Based on an average daily trading volume, of 63,133 shares, the days-to-cover ratio is presently 1.3 days.

AGNC Investment Price Performance

Shares of AGNCZ stock opened at $25.22 on Wednesday. AGNC Investment has a 1-year low of $24.58 and a 1-year high of $26.37. The stock’s 50 day simple moving average is $25.36.

AGNC Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.5469 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.19 dividend on an annualized basis and a yield of 8.7%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.