AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 19,044 shares, a growth of 206.9% from the September 15th total of 6,205 shares. Based on an average daily volume of 19,324 shares, the days-to-cover ratio is currently 1.0 days.

AGNC Investment Price Performance

Shares of AGNCL stock opened at $25.00 on Wednesday. The business’s 50-day moving average price is $25.21 and its 200-day moving average price is $24.96. AGNC Investment has a 12 month low of $23.61 and a 12 month high of $25.64.

AGNC Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.4844 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.94 annualized dividend and a yield of 7.8%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by government-sponsored enterprises or U.S. government agencies, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investment portfolio through repurchase agreements and other forms of borrowing and seeks to generate income from the spread between its investment returns and financing costs.

AGNC’s portfolio and risk-management activities are centered on the U.S.