AGNC Investment Corp. (NASDAQ:AGNCP – Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 8,838 shares, a decrease of 52.6% from the December 15th total of 18,627 shares. Based on an average daily volume of 37,959 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 37,959 shares, the short-interest ratio is currently 0.2 days.
AGNC Investment Trading Up 0.1%
Shares of AGNCP opened at $24.88 on Wednesday. AGNC Investment has a 52-week low of $23.37 and a 52-week high of $25.57. The business’s fifty day moving average is $24.92 and its 200-day moving average is $25.07.
AGNC Investment Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be paid a $0.5656 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.26 annualized dividend and a yield of 9.1%.
AGNC Investment Company Profile
AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.
Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.
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