AGNC Investment Corp. (NASDAQ:AGNCZ) Short Interest Down 39.7% in April

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 6,357 shares, a decline of 39.7% from the April 15th total of 10,543 shares. Based on an average daily volume of 47,707 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Trading Down 0.3%

Shares of NASDAQ AGNCZ opened at $25.34 on Friday. The firm has a fifty day moving average price of $25.29. AGNC Investment has a one year low of $24.58 and a one year high of $26.37.

AGNC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were paid a $0.5469 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $2.19 annualized dividend and a dividend yield of 8.6%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.