AGNC Investment Corp. (NASDAQ:AGNCM) Sees Large Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 6,862 shares, a decline of 24.5% from the January 15th total of 9,092 shares. Based on an average daily trading volume, of 13,870 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 13,870 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Price Performance

AGNCM stock opened at $25.02 on Monday. AGNC Investment has a twelve month low of $23.01 and a twelve month high of $25.49. The business has a 50 day simple moving average of $24.85 and a 200-day simple moving average of $24.86.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, January 1st were paid a dividend of $0.5422 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.17 dividend on an annualized basis and a yield of 8.7%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGNC Investment stock. Kelleher Financial Advisors bought a new stake in AGNC Investment Corp. (NASDAQ:AGNCM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,792 shares of the company’s stock, valued at approximately $240,000.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.