Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 71.1%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 6,439 shares, a decline of 71.1% from the December 31st total of 22,242 shares. Based on an average daily volume of 18,941 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 18,941 shares, the days-to-cover ratio is currently 0.3 days.

AGNC Investment Stock Up 0.2%

Shares of NASDAQ AGNCN opened at $25.51 on Friday. AGNC Investment has a 12-month low of $23.63 and a 12-month high of $26.59. The company has a 50-day moving average of $25.51 and a 200 day moving average of $25.61.

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 given a dividend of $0.592 per share. This represents a $2.37 annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend was Wednesday, December 31st.

AGNC Investment Company Profile

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.