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

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totaling 18,911 shares, a decline of 54.0% from the March 31st total of 41,110 shares. Based on an average daily volume of 115,624 shares, the short-interest ratio is presently 0.2 days.

AGNC Investment Price Performance

NASDAQ:AGNCP opened at $24.81 on Friday. AGNC Investment has a one year low of $23.62 and a one year high of $25.57. The company’s 50-day simple moving average is $24.66 and its 200 day simple moving average is $24.84.

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 paid a dividend of $0.5394 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.16 annualized dividend and a yield of 8.7%.

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.