Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Declines By 17.2%

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 7,317 shares, a decrease of 17.2% from the December 31st total of 8,838 shares. Based on an average trading volume of 32,236 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 32,236 shares, the short-interest ratio is currently 0.2 days.

AGNC Investment Stock Performance

AGNCP stock opened at $25.07 on Tuesday. The company’s 50 day moving average is $24.96 and its 200 day moving average is $25.07. AGNC Investment has a 1-year low of $23.37 and a 1-year high of $25.57.

AGNC Investment Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, January 1st were issued a dividend of $0.5656 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.26 annualized dividend and a dividend 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.