AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 8,470 shares, a decline of 47.3% from the December 31st total of 16,073 shares. Based on an average trading volume of 20,299 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 20,299 shares, the days-to-cover ratio is currently 0.4 days.

AGNC Investment Stock Performance

Shares of AGNCO opened at $25.48 on Friday. AGNC Investment has a 12-month low of $23.68 and a 12-month high of $25.95. The business’s fifty day moving average price is $25.34 and its 200 day moving average price is $25.39.

AGNC Investment Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, January 1st were paid a dividend of $0.5845 per share. This represents a $2.34 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).