AGNC Investment Corp. (NASDAQ:AGNCN) Sees Large Decline in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN – Get Rating) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 46,800 shares, a drop of 24.0% from the February 13th total of 61,600 shares. Based on an average daily volume of 30,600 shares, the days-to-cover ratio is presently 1.5 days.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $25.28 on Monday. The company’s 50 day moving average is $25.22 and its 200 day moving average is $24.52. AGNC Investment has a twelve month low of $21.87 and a twelve month high of $25.69.

AGNC Investment Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 17th. Investors of record on Sunday, January 1st were issued a $0.5744 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This is a boost from AGNC Investment’s previous quarterly dividend of $0.44. This represents a $2.30 dividend on an annualized basis and a yield of 9.09%.

Institutional Trading of AGNC Investment

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

AGNC Investment Company Profile

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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.