AGNC Investment Corp. (NASDAQ:AGNCP) Sees Significant Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCPGet Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 14,300 shares, a drop of 32.5% from the March 31st total of 21,200 shares. Based on an average daily volume of 56,000 shares, the days-to-cover ratio is presently 0.3 days.

AGNC Investment Price Performance

NASDAQ:AGNCP opened at $24.65 on Wednesday. AGNC Investment has a 12 month low of $23.06 and a 12 month high of $25.48. The firm’s 50 day moving average is $24.84 and its 200 day moving average is $24.79.

AGNC Investment Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.3828 per share. The ex-dividend date was Tuesday, April 1st. This represents a $1.53 annualized dividend and a dividend yield of 6.21%.

About AGNC Investment

(Get Free Report)

AGNC Investment Corp. provides private capital to housing market 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.

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