AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 6,205 shares, a drop of 63.6% from the August 31st total of 17,052 shares. Based on an average daily volume of 10,894 shares, the days-to-cover ratio is currently 0.6 days.

AGNC Investment Stock Down 0.0%

NASDAQ:AGNCL traded down $0.01 during mid-day trading on Tuesday, hitting $25.40. 4,978 shares of the company’s stock were exchanged, compared to its average volume of 13,435. AGNC Investment has a fifty-two week low of $23.61 and a fifty-two week high of $25.50. The company has a 50 day simple moving average of $25.17 and a 200-day simple moving average of $24.96.

AGNC Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.4844 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.94 annualized dividend and a yield of 7.6%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by government-sponsored enterprises or U.S. government agencies, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investment portfolio through repurchase agreements and other forms of borrowing and seeks to generate income from the spread between its investment returns and financing costs.

AGNC’s portfolio and risk-management activities are centered on the U.S.