AGNC Investment Corp. (NASDAQ:AGNCP) Shares Shorted: Short Interest Up 56.4% in September

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 15,718 shares, a growth of 56.4% from the September 15th total of 10,047 shares. Based on an average daily trading volume, of 60,358 shares, the short-interest ratio is presently 0.3 days.

AGNC Investment Stock Up 0.6%

AGNC Investment stock opened at $24.79 on Friday. The stock’s 50 day simple moving average is $25.21 and its two-hundred day simple moving average is $25.01. AGNC Investment has a fifty-two week low of $23.62 and a fifty-two week high of $25.54.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were paid a $0.5591 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date was Thursday, October 1st. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5488.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.