AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Up 109.9% in April

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 8,540 shares, a growth of 109.9% from the April 15th total of 4,068 shares. Based on an average daily trading volume, of 28,033 shares, the short-interest ratio is presently 0.3 days.

AGNC Investment Trading Down 0.1%

NASDAQ:AGNCO opened at $25.53 on Friday. AGNC Investment has a twelve month low of $24.39 and a twelve month high of $25.87. The company has a fifty day moving average of $25.24 and a 200-day moving average of $25.31.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were paid a $0.5579 dividend. This represents a $2.23 annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Wednesday, April 1st.

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).