AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 18,917 shares, a growth of 100.5% from the March 31st total of 9,434 shares. Based on an average trading volume of 43,180 shares, the short-interest ratio is presently 0.4 days.
AGNC Investment Price Performance
AGNC Investment stock opened at $25.76 on Friday. AGNC Investment has a twelve month low of $24.65 and a twelve month high of $26.11. The firm has a 50 day moving average price of $25.47 and a 200-day moving average price of $25.51.
AGNC Investment Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.5652 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.26 annualized dividend and a yield of 8.8%.
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.
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