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

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 5,739 shares, an increase of 16.6% from the February 12th total of 4,921 shares. Based on an average daily trading volume, of 8,472 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 8,472 shares, the short-interest ratio is currently 0.7 days.

AGNC Investment Price Performance

AGNC Investment stock opened at $25.15 on Tuesday. The firm has a 50 day moving average of $25.02 and a 200 day moving average of $24.89. AGNC Investment has a 12-month low of $22.84 and a 12-month high of $26.59.

AGNC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be paid a $0.4844 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.