Short Interest in AGNC Investment Corp. (NASDAQ:AGNCM) Declines By 33.6%

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,500 shares, a decline of 33.6% from the August 15th total of 12,800 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNCM opened at $24.99 on Monday. AGNC Investment has a twelve month low of $23.01 and a twelve month high of $25.63. The firm has a 50 day simple moving average of $25.07 and a 200-day simple moving average of $24.86.

AGNC Investment Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.5693 per share. The ex-dividend date is Wednesday, October 1st. This represents a $2.28 dividend on an annualized basis and a yield of 9.1%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Company Profile

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.