AGNC Investment Corp. (NASDAQ:AGNCP) Sees Large Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 16,100 shares, an increase of 21.1% from the February 28th total of 13,300 shares. Based on an average daily trading volume, of 49,800 shares, the short-interest ratio is currently 0.3 days.

AGNC Investment Stock Down 0.3 %

Shares of NASDAQ AGNCP opened at $24.98 on Thursday. AGNC Investment has a one year low of $23.06 and a one year high of $25.48. The stock’s fifty day moving average price is $25.11 and its two-hundred day moving average price is $24.84.

AGNC Investment Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.3828 dividend. This represents a $1.53 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date is Tuesday, April 1st.

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.