AGNC Investment Corp. (NASDAQ:AGNCL) Short Interest Up 253.5% in March

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 20,288 shares, a growth of 253.5% from the February 26th total of 5,739 shares. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 1.8 days.

AGNC Investment Stock Up 0.3%

Shares of NASDAQ:AGNCL opened at $25.12 on Wednesday. AGNC Investment has a 12-month low of $22.84 and a 12-month high of $26.59. The business has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $24.89.

AGNC Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Wednesday, April 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.