AGNC Investment Corp. (NASDAQ:AGNCP) Short Interest Down 17.2% in January

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 7,317 shares, a drop of 17.2% from the December 31st total of 8,838 shares. Based on an average trading volume of 32,236 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 32,236 shares, the days-to-cover ratio is currently 0.2 days.

AGNC Investment Price Performance

Shares of AGNCP stock opened at $25.12 on Monday. The company’s 50-day moving average price is $24.95 and its 200-day moving average price is $25.07. AGNC Investment has a twelve month low of $23.37 and a twelve month high of $25.57.

AGNC Investment Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were paid a $0.5656 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.26 annualized dividend and a dividend yield of 9.0%.

AGNC Investment Company Profile

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.