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

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 17,666 shares, a growth of 220.8% from the July 15th total of 5,507 shares. Based on an average daily volume of 22,404 shares, the days-to-cover ratio is currently 0.8 days.

AGNC Investment Stock Up 0.2%

AGNCO stock opened at $25.69 on Friday. AGNC Investment has a one year low of $24.39 and a one year high of $25.75. The company has a fifty day moving average price of $25.46 and a two-hundred day moving average price of $25.39.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.5646 per share. This represents a $2.26 annualized dividend and a dividend yield of 8.8%. The ex-dividend date was Wednesday, July 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).