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

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 59,473 shares, an increase of 124.2% from the June 15th total of 26,526 shares. Based on an average daily volume of 23,974 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in AGNC Investment stock. Kelleher Financial Advisors acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNCM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,792 shares of the company’s stock, valued at approximately $240,000.

AGNC Investment Stock Down 0.1%

Shares of AGNCM opened at $25.10 on Thursday. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.34. The stock has a 50 day moving average price of $24.98 and a 200 day moving average price of $24.83.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.5228 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.09 annualized dividend and a dividend yield of 8.3%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.52.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.