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

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 13,427 shares, a decrease of 45.2% from the March 31st total of 24,492 shares. Based on an average daily volume of 35,419 shares, the short-interest ratio is currently 0.4 days.

AGNC Investment Price Performance

Shares of AGNCM opened at $24.87 on Monday. AGNC Investment has a one year low of $23.63 and a one year high of $25.36. The stock has a 50-day moving average price of $24.66 and a 200 day moving average price of $24.71.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.5166 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.07 dividend on an annualized basis and a yield of 8.3%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGNC Investment stock. Kelleher Financial Advisors purchased a new stake in AGNC Investment Corp. (NASDAQ:AGNCM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,792 shares of the company’s stock, valued at approximately $240,000.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.