AGNC Investment Corp. (NASDAQ:AGNCP) Sees Large Decline in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 10,430 shares, a decrease of 84.5% from the October 15th total of 67,358 shares. Based on an average trading volume of 88,000 shares, the short-interest ratio is currently 0.1 days.

AGNC Investment Trading Down 0.9%

Shares of NASDAQ:AGNCP traded down $0.22 during trading on Thursday, reaching $24.43. 33,182 shares of the company traded hands, compared to its average volume of 73,508. The firm has a fifty day simple moving average of $24.89 and a 200 day simple moving average of $24.95. AGNC Investment has a 1-year low of $23.62 and a 1-year high of $25.54.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were given a $0.5591 dividend. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5488. This represents a $2.24 dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend was Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust (REIT) that invests primarily in agency residential mortgage-backed securities (RMBS). These securities are issued or guaranteed by U.S. government-sponsored enterprises such as Fannie Mae and Freddie Mac, or by government agencies including Ginnie Mae. The company’s investment portfolio may also include collateralized mortgage obligations and other residential mortgage-related assets. AGNC finances its investments largely through repurchase agreements and manages interest-rate and other market risks using hedging instruments, including interest-rate swaps and futures.