AGNC Investment Corp. (NASDAQ:AGNCP) Shares Shorted: Short Interest Up 328.5% in October

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 67,358 shares, a growth of 328.5% from the September 30th total of 15,718 shares. Based on an average daily trading volume, of 114,135 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Stock Performance

AGNC Investment stock opened at $24.52 on Wednesday. AGNC Investment has a 12 month low of $23.62 and a 12 month high of $25.54. The business has a 50 day simple moving average of $25.10 and a 200-day simple moving average of $24.98.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a dividend of $0.5591 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5488.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.