AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 19.2% in January

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 5,200 shares, a drop of 19.2% from the January 15th total of 6,439 shares. Based on an average daily trading volume, of 48,456 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 48,456 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Trading Up 0.5%

AGNC Investment stock opened at $25.83 on Monday. AGNC Investment has a 52 week low of $23.63 and a 52 week high of $26.59. The firm’s 50-day simple moving average is $25.57 and its 200 day simple moving average is $25.62.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were issued a $0.592 dividend. This represents a $2.37 annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.