AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 225.8% in April

AGNC Investment Corp. (NASDAQ:AGNCN) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 61,639 shares, a growth of 225.8% from the April 15th total of 18,917 shares. Based on an average trading volume of 22,128 shares, the days-to-cover ratio is presently 2.8 days.

AGNC Investment Stock Down 0.1%

AGNCN traded down $0.03 during trading hours on Friday, reaching $25.70. The company’s stock had a trading volume of 1,009 shares, compared to its average volume of 28,773. The company’s 50-day moving average is $25.49 and its 200-day moving average is $25.52. AGNC Investment has a 52 week low of $24.65 and a 52 week high of $26.11.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were given a $0.5652 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.8%.

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.