AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Up 105.4% in February

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 15,319 shares, an increase of 105.4% from the February 12th total of 7,457 shares. Based on an average daily volume of 28,021 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 28,021 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Stock Performance

AGNCO stock opened at $25.44 on Friday. AGNC Investment has a 1 year low of $23.68 and a 1 year high of $25.91. The business has a 50 day simple moving average of $25.40 and a 200-day simple moving average of $25.37.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a $0.5579 dividend. This represents a $2.23 annualized dividend and a yield of 8.8%. The ex-dividend date is Wednesday, April 1st.

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).