AGNC Investment Corp. (NASDAQ:AGNCP – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 15,718 shares, a growth of 56.4% from the September 15th total of 10,047 shares. Based on an average daily trading volume, of 60,358 shares, the short-interest ratio is presently 0.3 days.
AGNC Investment Stock Up 0.6%
Shares of AGNCP stock opened at $24.79 on Friday. The stock has a fifty day moving average of $25.21 and a 200 day moving average of $25.01. AGNC Investment has a 52 week low of $23.62 and a 52 week high of $25.54.
AGNC Investment Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were issued a $0.5591 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5488. The ex-dividend date was Thursday, October 1st. This represents a $2.24 annualized dividend and a yield of 9.0%.
AGNC Investment Company Profile
AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.
AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.
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