AGNC Investment Corp. (NASDAQ:AGNCZ) Sees Significant Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCZGet Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 27,494 shares, a drop of 67.3% from the June 30th total of 84,020 shares. Based on an average daily volume of 43,377 shares, the short-interest ratio is presently 0.6 days.

AGNC Investment Stock Performance

NASDAQ:AGNCZ opened at $25.26 on Friday. The business has a 50 day moving average of $25.33. AGNC Investment has a 12 month low of $24.58 and a 12 month high of $26.37.

AGNC Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a $0.5469 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.19 annualized dividend and a dividend yield of 8.7%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.

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