Short Interest in AGNC Investment Corp. (NASDAQ:AGNCM) Decreases By 71.9%

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 7,900 shares, a decline of 71.9% from the December 31st total of 28,100 shares. Based on an average daily trading volume, of 16,900 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Stock Up 0.4 %

AGNCM stock opened at $25.32 on Friday. The stock’s 50 day simple moving average is $25.29 and its 200 day simple moving average is $25.19. AGNC Investment has a fifty-two week low of $24.32 and a fifty-two week high of $25.85.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a dividend of $0.5904 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date of this dividend was Tuesday, December 31st.

About AGNC Investment

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.