Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Decreases By 44.2%

AGNC Investment Corp. (NASDAQ:AGNCO) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 15,170 shares, a decrease of 44.2% from the August 15th total of 27,206 shares. Based on an average daily volume of 20,974 shares, the short-interest ratio is currently 0.7 days.

AGNC Investment Stock Performance

AGNCO stock opened at $25.70 on Tuesday. The stock’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $25.42. AGNC Investment has a 52-week low of $24.39 and a 52-week high of $25.75.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a dividend of $0.578 per share. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.31 annualized dividend and a yield of 9.0%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).