Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Increases By 101.0%

AGNC Investment Corp. (NASDAQ:AGNCP) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 14,708 shares, an increase of 101.0% from the January 15th total of 7,317 shares. Based on an average trading volume of 146,797 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 146,797 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Price Performance

NASDAQ AGNCP opened at $25.04 on Friday. The company has a 50 day simple moving average of $24.98 and a 200-day simple moving average of $25.06. AGNC Investment has a 52-week low of $23.37 and a 52-week high of $25.57.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were given a $0.5656 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $2.26 dividend on an annualized basis and a yield of 9.0%.

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.