AGNC Investment Corp. (NASDAQ:AGNCN) Sees Significant Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 31,100 shares, a drop of 6.3% from the October 31st total of 33,200 shares. Based on an average daily volume of 24,400 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNCN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,700 shares of the company’s stock, valued at approximately $304,000.

AGNC Investment Trading Up 0.5 %

NASDAQ:AGNCN opened at $25.72 on Tuesday. AGNC Investment has a 1-year low of $24.83 and a 1-year high of $26.08. The stock has a fifty day simple moving average of $25.66 and a 200 day simple moving average of $25.73.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were issued a $0.681 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.72 dividend on an annualized basis and a yield of 10.59%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.68.

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.