AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 30,865 shares, an increase of 87.1% from the September 30th total of 16,497 shares. Based on an average daily volume of 34,471 shares, the short-interest ratio is presently 0.9 days.
AGNC Investment Trading Down 0.0%
NASDAQ:AGNCN opened at $25.35 on Friday. AGNC Investment has a 52-week low of $24.65 and a 52-week high of $25.99. The stock has a 50-day simple moving average of $25.59 and a 200 day simple moving average of $25.61.
AGNC Investment Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were paid a $0.5856 dividend. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5720. This represents a $2.34 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date was Thursday, October 1st.
AGNC Investment Company Profile
AGNC Investment Corp. is an internally managed real estate investment trust that invests primarily in residential mortgage securities guaranteed by the U.S. government or a government-sponsored enterprise. Its portfolio generally includes agency mortgage-backed securities issued or guaranteed by entities such as Fannie Mae, Freddie Mac and Ginnie Mae.
The company seeks to generate income from its mortgage investments and manages the associated interest-rate, prepayment and financing risks through hedging and other portfolio-management strategies.
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