AGNC Investment Corp. (NASDAQ:AGNCM) Shares Shorted: Short Interest Down 60.3% in September

AGNC Investment Corp. (NASDAQ:AGNCM) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 6,285 shares, a decline of 60.3% from the September 15th total of 15,823 shares. Based on an average daily volume of 16,047 shares, the days-to-cover ratio is presently 0.4 days.

AGNC Investment Trading Down 0.2%

AGNC Investment stock traded down $0.05 during midday trading on Tuesday, reaching $24.59. 1,882 shares of the company were exchanged, compared to its average volume of 17,636. The firm’s 50-day simple moving average is $25.15 and its 200-day simple moving average is $24.94. AGNC Investment has a 1 year low of $23.63 and a 1 year high of $25.54.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.5358 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5228. This represents a $2.14 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that invests primarily in agency residential mortgage-backed securities (MBS). These securities are issued or guaranteed by U.S. government-sponsored entities such as Fannie Mae and Freddie Mac, or by government agencies including Ginnie Mae. The company seeks to generate income through its investment portfolio and related financing and hedging activities.

AGNC Investment typically finances its agency MBS holdings through repurchase agreements and uses interest-rate swaps, U.S.