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

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 7,000 shares, an increase of 11.1% from the August 15th total of 6,300 shares. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is presently 0.3 days.

AGNC Investment Price Performance

NASDAQ AGNCN opened at $25.85 on Tuesday. The business has a fifty day moving average price of $25.60 and a 200 day moving average price of $25.10. AGNC Investment has a one year low of $21.87 and a one year high of $25.89.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Sunday, October 1st will be paid a $0.6677 dividend. This is an increase from AGNC Investment’s previous quarterly dividend of $0.65. This represents a $2.67 annualized dividend and a yield of 10.33%. The ex-dividend date is Thursday, September 28th.

About AGNC Investment

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It 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.