AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 221.5% in July

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 59,063 shares, an increase of 221.5% from the July 15th total of 18,373 shares. Based on an average trading volume of 20,909 shares, the days-to-cover ratio is currently 2.8 days.

AGNC Investment Price Performance

NASDAQ AGNCN traded down $0.04 during trading on Thursday, reaching $25.88. The company’s stock had a trading volume of 4,473 shares, compared to its average volume of 27,370. AGNC Investment has a 1-year low of $24.65 and a 1-year high of $26.11. The business has a 50-day moving average price of $25.69 and a 200-day moving average price of $25.62.

AGNC Investment Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.572 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.29 dividend on an annualized basis and a dividend yield of 8.8%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.57.

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.