AGNC Investment Corp. (NASDAQ:AGNCP) Short Interest Down 43.9% in August

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 19,898 shares, a decrease of 43.9% from the August 15th total of 35,446 shares. Based on an average daily volume of 36,886 shares, the days-to-cover ratio is currently 0.5 days.

AGNC Investment Trading Down 0.1%

AGNCP stock opened at $25.41 on Tuesday. AGNC Investment has a 52-week low of $23.62 and a 52-week high of $25.54. The firm has a 50 day moving average price of $25.24 and a 200-day moving average price of $24.98.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $0.5591 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.24 annualized dividend and a yield of 8.8%.

About AGNC Investment

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.