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

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 28,100 shares, a growth of 639.5% from the December 31st total of 3,800 shares. Based on an average trading volume of 17,000 shares, the short-interest ratio is currently 1.7 days.

AGNC Investment Stock Up 0.3 %

Shares of AGNCM opened at $25.32 on Wednesday. AGNC Investment has a 1 year low of $24.21 and a 1 year high of $25.85. The business’s 50 day simple moving average is $25.29 and its 200-day simple moving average is $25.19.

AGNC Investment Cuts Dividend

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

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.