Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 81.8%

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 18,373 shares, a decrease of 81.8% from the June 30th total of 100,895 shares. Based on an average daily volume of 26,467 shares, the days-to-cover ratio is currently 0.7 days.

AGNC Investment Stock Up 0.0%

Shares of NASDAQ AGNCN traded up $0.01 during midday trading on Monday, hitting $25.60. The company had a trading volume of 24,641 shares, compared to its average volume of 28,047. AGNC Investment has a twelve month low of $24.65 and a twelve month high of $26.11. The business has a 50-day simple moving average of $25.69 and a two-hundred day simple moving average of $25.58.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.572 per share. The ex-dividend date was Wednesday, July 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.57. This represents a $2.29 annualized dividend and a yield of 8.9%.

AGNC Investment Company Profile

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.