AGNC Investment Corp. (NASDAQ:AGNCP) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 41,110 shares, a growth of 106.9% from the March 15th total of 19,867 shares. Based on an average trading volume of 144,944 shares, the days-to-cover ratio is presently 0.3 days.

AGNC Investment Price Performance

AGNCP stock opened at $24.35 on Monday. The firm has a 50 day moving average of $24.76 and a two-hundred day moving average of $24.88. AGNC Investment has a 12 month low of $23.37 and a 12 month high of $25.57.

AGNC Investment Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a $0.5394 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $2.16 dividend on an annualized basis and a yield of 8.9%.

About AGNC Investment

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.