AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 9,296 shares, a decline of 23.7% from the January 15th total of 12,185 shares. Based on an average trading volume of 19,262 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 19,262 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Stock Performance

Shares of AGNCL stock opened at $25.03 on Monday. AGNC Investment has a fifty-two week low of $22.84 and a fifty-two week high of $26.59. The company has a 50 day moving average price of $24.90 and a 200 day moving average price of $24.90.

AGNC Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were given a dividend of $0.4844 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%.

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.