Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Grows By 101.0%

AGNC Investment Corp. (NASDAQ:AGNCP) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 14,708 shares, a growth of 101.0% from the January 15th total of 7,317 shares. Based on an average daily volume of 146,797 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 146,797 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Stock Up 0.0%

AGNCP opened at $25.05 on Friday. AGNC Investment has a one year low of $23.37 and a one year high of $25.57. The business has a 50 day simple moving average of $24.98 and a two-hundred day simple moving average of $25.06.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, January 1st were paid a $0.5656 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.26 dividend on an annualized basis and a yield of 9.0%.

AGNC Investment Company Profile

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.