AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 225.8% in April

AGNC Investment Corp. (NASDAQ:AGNCNGet Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 61,639 shares, a growth of 225.8% from the April 15th total of 18,917 shares. Based on an average daily volume of 22,128 shares, the days-to-cover ratio is currently 2.8 days.

AGNC Investment Stock Performance

AGNCN stock opened at $25.73 on Thursday. AGNC Investment has a 1-year low of $24.65 and a 1-year high of $26.11. The business has a fifty day moving average price of $25.48 and a 200-day moving average price of $25.52.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $0.5652 per share. This represents a $2.26 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date was Wednesday, April 1st.

AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.

Further Reading

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