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

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large decline in short interest in April. As of April 15th, there was short interest totaling 4,068 shares, a decline of 45.5% from the March 31st total of 7,460 shares. Based on an average daily volume of 57,256 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $25.46 on Monday. The stock’s fifty day moving average is $25.23 and its 200-day moving average is $25.28. AGNC Investment has a 12-month low of $24.39 and a 12-month high of $25.87.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.5579 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 8.8%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).