Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Grows By 215.1%

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 31,794 shares, a growth of 215.1% from the February 12th total of 10,090 shares. Based on an average daily trading volume, of 57,390 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 57,390 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Trading Up 0.1%

NASDAQ AGNCP opened at $24.92 on Wednesday. The company has a fifty day moving average price of $24.97 and a 200-day moving average price of $25.02. AGNC Investment has a 1 year low of $23.37 and a 1 year high of $25.57.

About AGNC Investment

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.