AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 22,242 shares, a growth of 286.3% from the December 15th total of 5,758 shares. Based on an average daily volume of 32,341 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 32,341 shares, the short-interest ratio is currently 0.7 days.
AGNC Investment Price Performance
NASDAQ:AGNCN opened at $25.44 on Tuesday. AGNC Investment has a 1-year low of $23.63 and a 1-year high of $26.59. The business’s 50-day moving average price is $25.50 and its two-hundred day moving average price is $25.60.
AGNC Investment Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be given a $0.592 dividend. This represents a $2.37 dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Wednesday, December 31st.
About AGNC Investment
AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.
Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.
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