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

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 10,326 shares, a drop of 81.0% from the March 31st total of 54,384 shares. Based on an average trading volume of 20,684 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Stock Performance

Shares of AGNCL stock opened at $24.99 on Friday. AGNC Investment has a 12-month low of $23.61 and a 12-month high of $25.49. The firm has a 50 day moving average price of $24.82 and a two-hundred day moving average price of $24.78.

AGNC Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.4844 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $1.94 annualized dividend and a yield of 7.8%.

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.