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

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 8,607 shares, a drop of 32.6% from the November 30th total of 12,765 shares. Based on an average trading volume of 19,688 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 19,688 shares, the short-interest ratio is currently 0.4 days.

AGNC Investment Trading Up 0.0%

NASDAQ:AGNCO opened at $25.57 on Monday. AGNC Investment has a one year low of $23.68 and a one year high of $25.95. The company has a fifty day moving average price of $25.29 and a 200 day moving average price of $25.41.

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

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be given a dividend of $0.5845 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.34 dividend on an annualized basis and a yield of 9.1%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).