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

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 42,849 shares, a drop of 59.5% from the June 30th total of 105,700 shares. Based on an average trading volume of 44,951 shares, the short-interest ratio is presently 1.0 days.

AGNC Investment Stock Up 0.0%

NASDAQ AGNCP traded up $0.01 on Wednesday, reaching $25.05. 1,690 shares of the company’s stock traded hands, compared to its average volume of 79,509. The stock has a 50-day simple moving average of $25.09 and a 200 day simple moving average of $24.90. AGNC Investment has a 12 month low of $23.62 and a 12 month high of $25.57.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.5488 per share. This represents a $2.20 annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.54.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.