Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Rises By 221.5%

AGNC Investment Corp. (NASDAQ:AGNCNGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 59,063 shares, an increase of 221.5% from the July 15th total of 18,373 shares. Based on an average daily trading volume, of 20,909 shares, the days-to-cover ratio is presently 2.8 days.

AGNC Investment Trading Down 0.2%

Shares of AGNC Investment stock traded down $0.04 on Thursday, hitting $25.88. 4,473 shares of the company traded hands, compared to its average volume of 27,370. The company has a 50-day moving average price of $25.69 and a 200 day moving average price of $25.62. AGNC Investment has a 12-month low of $24.65 and a 12-month high of $26.11.

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 paid a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a yield of 8.8%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date was Wednesday, July 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.

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