AGNC Investment Corp. (NASDAQ:AGNCP – Get Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 19,898 shares, a decline of 43.9% from the August 15th total of 35,446 shares. Based on an average daily trading volume, of 36,886 shares, the short-interest ratio is currently 0.5 days.
AGNC Investment Stock Performance
Shares of AGNCP stock opened at $25.42 on Thursday. The business has a fifty day simple moving average of $25.26 and a 200 day simple moving average of $24.98. AGNC Investment has a twelve month low of $23.62 and a twelve month high of $25.54.
AGNC Investment Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a $0.5591 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.8%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, October 1st.
AGNC Investment Company Profile
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.
Featured Stories
- Five stocks we like better than AGNC Investment
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
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.
