Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Increases By 54.0%

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 27,206 shares, a growth of 54.0% from the July 30th total of 17,666 shares. Based on an average trading volume of 20,524 shares, the days-to-cover ratio is currently 1.3 days.

AGNC Investment Stock Up 0.1%

Shares of AGNCO stock traded up $0.03 during trading hours on Tuesday, hitting $25.70. The company’s stock had a trading volume of 506 shares, compared to its average volume of 28,835. The business has a fifty day moving average of $25.48 and a 200-day moving average of $25.41. AGNC Investment has a twelve month low of $24.39 and a twelve month high of $25.75.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.5646 dividend. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56. The ex-dividend date was Wednesday, July 1st. This represents a $2.26 dividend on an annualized basis and a dividend yield of 8.8%.

AGNC Investment Company Profile

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).