AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 30,865 shares, a growth of 87.1% from the September 30th total of 16,497 shares. Based on an average daily trading volume, of 34,471 shares, the short-interest ratio is currently 0.9 days.
AGNC Investment Trading Down 0.4%
Shares of NASDAQ:AGNCN opened at $25.25 on Tuesday. The stock has a fifty day moving average of $25.58 and a 200-day moving average of $25.61. AGNC Investment has a one year low of $24.65 and a one year high of $25.99.
AGNC Investment Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were given a dividend of $0.5856 per share. This represents a $2.34 dividend on an annualized basis and a dividend yield of 9.3%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5720. The ex-dividend date of this dividend was Thursday, October 1st.
AGNC Investment Company Profile
AGNC Investment Corp. is an internally managed real estate investment trust that invests primarily in residential mortgage securities guaranteed by the U.S. government or a government-sponsored enterprise. Its portfolio generally includes agency mortgage-backed securities issued or guaranteed by entities such as Fannie Mae, Freddie Mac and Ginnie Mae.
The company seeks to generate income from its mortgage investments and manages the associated interest-rate, prepayment and financing risks through hedging and other portfolio-management strategies.
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