Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Increases By 44.1%

AGNC Investment Corp. (NASDAQ:AGNCN – Get Rating) was the recipient of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 117,300 shares, a growth of 44.1% from the December 15th total of 81,400 shares. Based on an average daily volume of 52,600 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Connectus Wealth LLC purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNCN – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 858,419 shares of the company’s stock, valued at approximately $20,057,000.

AGNC Investment Stock Down 0.3 %

AGNC Investment stock opened at $25.08 on Friday. AGNC Investment has a 12 month low of $21.87 and a 12 month high of $25.63. The company has a 50-day moving average price of $24.81.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Sunday, January 1st were given a $0.5744 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This is an increase from AGNC Investment’s previous quarterly dividend of $0.44. This represents a $2.30 annualized dividend and a yield of 9.16%.

About AGNC Investment

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AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.