AGNC Investment Corp. (NASDAQ:AGNCZ) Sees Significant Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 14,676 shares, a decrease of 46.4% from the August 15th total of 27,382 shares. Based on an average daily volume of 30,139 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Stock Performance

AGNC Investment stock opened at $25.18 on Thursday. AGNC Investment has a 52-week low of $24.58 and a 52-week high of $26.37. The firm has a 50 day moving average price of $25.41 and a two-hundred day moving average price of $25.37.

AGNC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.5469 per share. The ex-dividend date is Thursday, October 1st. This represents a $2.19 annualized dividend and a dividend yield of 8.7%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.