AGNC Investment Corp. (NASDAQ:AGNCL) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCL) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 9,271 shares, a decrease of 36.0% from the November 30th total of 14,481 shares. Based on an average trading volume of 8,786 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 8,786 shares, the days-to-cover ratio is currently 1.1 days.

AGNC Investment Price Performance

AGNCL opened at $24.95 on Friday. The business’s fifty day simple moving average is $24.68 and its 200-day simple moving average is $24.90. AGNC Investment has a 12-month low of $22.84 and a 12-month high of $26.59.

AGNC Investment (NASDAQ:AGNCL) last posted its quarterly earnings data on Monday, October 25th. The company reported $0.55 earnings per share for the quarter. The business had revenue of $471.00 million during the quarter.

AGNC Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st will be issued a $0.4844 dividend. This represents a $1.94 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Wednesday, December 31st.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.