Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 81.8%

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 18,373 shares, a drop of 81.8% from the June 30th total of 100,895 shares. Based on an average daily trading volume, of 26,467 shares, the days-to-cover ratio is currently 0.7 days.

AGNC Investment Stock Performance

NASDAQ AGNCN remained flat at $25.59 during trading on Friday. The company’s stock had a trading volume of 13,324 shares, compared to its average volume of 28,072. The company has a 50 day moving average price of $25.69 and a 200-day moving average price of $25.58. AGNC Investment has a 12-month low of $24.65 and a 12-month high of $26.11.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 8.9%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date was Wednesday, July 1st.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.