AGNC Investment Corp. (NASDAQ:AGNCM) Sees Large Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 7,300 shares, a decline of 34.8% from the September 15th total of 11,200 shares. Based on an average daily volume of 16,400 shares, the days-to-cover ratio is presently 0.4 days.

AGNC Investment Stock Performance

Shares of AGNCM opened at $24.98 on Friday. The stock has a 50 day simple moving average of $25.21 and a 200 day simple moving average of $25.07. AGNC Investment has a 52-week low of $20.48 and a 52-week high of $25.85.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be given a $0.6312 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.63. This represents a $2.52 annualized dividend and a dividend yield of 10.11%.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.