Short Interest in AGNC Investment Corp. (NASDAQ:AGNCZ) Expands By 150.8%

AGNC Investment Corp. (NASDAQ:AGNCZ) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 84,020 shares, a growth of 150.8% from the June 15th total of 33,496 shares. Based on an average daily trading volume, of 63,133 shares, the short-interest ratio is presently 1.3 days.

AGNC Investment Stock Up 0.1%

AGNCZ stock opened at $25.25 on Thursday. AGNC Investment has a 1 year low of $24.58 and a 1 year high of $26.37. The company has a 50-day moving average of $25.35.

AGNC Investment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a $0.5469 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date was Wednesday, July 1st.

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.