AGNC Investment Corp. (NASDAQ:AGNCL) Shares Shorted: Short Interest Down 77.9% in October

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 4,221 shares, a decline of 77.9% from the October 15th total of 19,062 shares. Based on an average daily volume of 27,245 shares, the short-interest ratio is currently 0.2 days.

AGNC Investment Stock Performance

AGNCL traded down $0.05 on Friday, hitting $24.20. 5,071 shares of the company were exchanged, compared to its average volume of 14,353. AGNC Investment has a 12 month low of $23.61 and a 12 month high of $25.64. The stock’s fifty day moving average is $24.79 and its 200-day moving average is $24.92.

AGNC Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were issued a dividend of $0.4844 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.94 annualized dividend and a dividend yield of 8.0%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust focused primarily on agency residential mortgage-backed securities. These securities are backed by U.S. government agencies or government-sponsored enterprises, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investments through borrowing and uses hedging strategies to manage risks such as changes in interest rates and mortgage prepayments. Its business is centered on the U.S. residential mortgage market. Founded in 2008, AGNC is based in Bethesda, Maryland.