Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Expands By 168.1%

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 54,384 shares, a growth of 168.1% from the March 15th total of 20,288 shares. Based on an average daily trading volume, of 27,359 shares, the short-interest ratio is presently 2.0 days.

AGNC Investment Stock Performance

Shares of AGNCL stock traded up $0.07 during midday trading on Friday, hitting $24.12. 7,648 shares of the company were exchanged, compared to its average volume of 16,189. The firm’s 50 day moving average price is $24.90 and its two-hundred day moving average price is $24.82. AGNC Investment has a 52 week low of $22.84 and a 52 week high of $25.49.

AGNC Investment Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.4844 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.94 annualized dividend and a dividend yield of 8.0%.

AGNC Investment Company Profile

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.