Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Decreases By 52.6%

AGNC Investment Corp. (NASDAQ:AGNCP) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,838 shares, a decrease of 52.6% from the December 15th total of 18,627 shares. Based on an average trading volume of 37,959 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 37,959 shares, the days-to-cover ratio is presently 0.2 days.

AGNC Investment Price Performance

NASDAQ AGNCP opened at $24.89 on Thursday. AGNC Investment has a one year low of $23.37 and a one year high of $25.57. The company’s 50-day simple moving average is $24.92 and its two-hundred day simple moving average is $25.07.

AGNC Investment Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be issued a dividend of $0.5656 per share. This represents a $2.26 annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Wednesday, December 31st.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.