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

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 11,692 shares, an increase of 183.4% from the May 31st total of 4,126 shares. Based on an average trading volume of 9,932 shares, the days-to-cover ratio is currently 1.2 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCL traded up $0.07 during trading on Friday, reaching $25.00. 13,628 shares of the company’s stock traded hands, compared to its average volume of 13,868. AGNC Investment has a fifty-two week low of $23.61 and a fifty-two week high of $25.44. The company has a 50-day simple moving average of $24.96 and a 200-day simple moving average of $24.90.

AGNC Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a $0.4844 dividend. This represents a $1.94 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Wednesday, July 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.