Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Declines By 21.3%

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 18,627 shares, a decrease of 21.3% from the November 30th total of 23,677 shares. Based on an average daily trading volume, of 35,527 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 35,527 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Trading Up 0.4%

Shares of AGNC Investment stock opened at $25.16 on Wednesday. AGNC Investment has a 1 year low of $23.37 and a 1 year high of $25.57. The company has a 50-day moving average of $24.95 and a 200 day moving average of $25.11.

AGNC Investment (NASDAQ:AGNCP) last announced its quarterly earnings data on Monday, October 25th. The company reported $0.55 earnings per share for the quarter. The business had revenue of $471.00 million during the quarter.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st will be issued a dividend of $0.5656 per share. The ex-dividend date is Wednesday, December 31st. This represents a $2.26 annualized dividend and a dividend yield of 9.0%.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.