AGNC Investment Corp. (NASDAQ:AGNCN) Stock Short Interest Falls 45.5%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 16,497 shares, a decrease of 45.5% from the September 15th total of 30,268 shares. Based on an average daily trading volume, of 22,744 shares, the days-to-cover ratio is currently 0.7 days.

AGNC Investment Stock Performance

AGNCN stock opened at $25.49 on Friday. The firm has a 50 day moving average of $25.73 and a 200-day moving average of $25.66. AGNC Investment has a 12 month low of $24.65 and a 12 month high of $25.99.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were paid a $0.5856 dividend. The ex-dividend date was Thursday, October 1st. This represents a $2.34 annualized dividend and a yield of 9.2%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5720.

About AGNC Investment

AGNC Investment Corp. is an internally managed real estate investment trust that invests primarily in residential mortgage securities guaranteed by the U.S. government or a government-sponsored enterprise. Its portfolio generally includes agency mortgage-backed securities issued or guaranteed by entities such as Fannie Mae, Freddie Mac and Ginnie Mae.

The company seeks to generate income from its mortgage investments and manages the associated interest-rate, prepayment and financing risks through hedging and other portfolio-management strategies.