Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 61.2%

AGNC Investment Corp. (NASDAQ:AGNCN) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 8,784 shares, a decline of 61.2% from the February 26th total of 22,646 shares. Based on an average trading volume of 17,833 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Stock Performance

AGNC Investment stock opened at $25.47 on Thursday. The business’s 50-day simple moving average is $25.59 and its two-hundred day simple moving average is $25.59. AGNC Investment has a fifty-two week low of $23.63 and a fifty-two week high of $26.59.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be given a $0.5652 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $2.26 dividend on an annualized basis and a yield of 8.9%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.