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

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 42,700 shares, an increase of 132.1% from the September 15th total of 18,400 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is presently 1.0 days.

AGNC Investment Price Performance

NASDAQ AGNCP opened at $24.33 on Friday. The business has a fifty day moving average price of $24.33 and a 200 day moving average price of $24.02. AGNC Investment has a one year low of $19.61 and a one year high of $24.99.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be issued a $0.3828 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.38. This represents a $1.53 annualized dividend and a yield of 6.29%. The ex-dividend date is Tuesday, October 1st.

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.