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

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 4,921 shares, a decrease of 47.1% from the January 29th total of 9,296 shares. Based on an average daily volume of 7,926 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 7,926 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Trading Down 0.2%

AGNCL stock opened at $25.15 on Friday. The firm has a 50 day moving average price of $24.95 and a 200-day moving average price of $24.90. AGNC Investment has a 52-week low of $22.84 and a 52-week high of $26.59.

AGNC Investment Dividend Announcement

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

About AGNC Investment

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.