AGNC Investment Corp. (NASDAQ:AGNCL) Shares Shorted: Short Interest Up 206.9% in September

AGNC Investment Corp. (NASDAQ:AGNCL) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 19,044 shares, an increase of 206.9% from the September 15th total of 6,205 shares. Based on an average trading volume of 19,324 shares, the days-to-cover ratio is presently 1.0 days.

AGNC Investment Stock Performance

AGNC Investment stock traded up $0.08 during mid-day trading on Tuesday, reaching $24.89. The stock had a trading volume of 7,979 shares, compared to its average volume of 13,695. The company has a 50-day moving average price of $25.21 and a two-hundred day moving average price of $24.96. AGNC Investment has a one year low of $23.61 and a one year high of $25.64.

AGNC Investment Dividend Announcement

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 paid a dividend of $0.4844 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.94 dividend on an annualized basis and a yield of 7.8%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by government-sponsored enterprises or U.S. government agencies, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investment portfolio through repurchase agreements and other forms of borrowing and seeks to generate income from the spread between its investment returns and financing costs.

AGNC’s portfolio and risk-management activities are centered on the U.S.