AGNC Investment Corp. (NASDAQ:AGNCP) Stock Short Interest Climbs 56.4%

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 15,718 shares, a growth of 56.4% from the September 15th total of 10,047 shares. Based on an average daily volume of 60,358 shares, the short-interest ratio is currently 0.3 days.

AGNC Investment Stock Performance

AGNC Investment stock opened at $24.79 on Friday. The business has a 50-day simple moving average of $25.20 and a two-hundred day simple moving average of $25.00. AGNC Investment has a 52-week low of $23.62 and a 52-week high of $25.54.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a dividend of $0.5591 per share. This represents a $2.24 annualized dividend and a yield of 9.0%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5488. The ex-dividend date was Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.