AGNC Investment Corp. (NASDAQ:AGNCP – Get Free Report) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 42,849 shares, a drop of 59.5% from the June 30th total of 105,700 shares. Based on an average trading volume of 44,951 shares, the short-interest ratio is presently 1.0 days.
AGNC Investment Price Performance
AGNCP opened at $25.05 on Tuesday. AGNC Investment has a 1 year low of $23.62 and a 1 year high of $25.57. The stock has a fifty day moving average price of $25.08 and a 200 day moving average price of $24.90.
AGNC Investment Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a $0.5488 dividend. This represents a $2.20 annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.54.
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.
See Also
- Five stocks we like better than AGNC Investment
- Middleby Is Betting a Leaner Business Can Unlock More Value
- 3 Value ETFs to Consider as Growth Stocks Lag Behind
- Wintrust: A Quiet Regional Bank Posting Loud Results
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.
