Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Decreases By 59.5%

AGNC Investment Corp. (NASDAQ:AGNCL) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 11,666 shares, a decline of 59.5% from the June 30th total of 28,802 shares. Based on an average daily trading volume, of 8,517 shares, the short-interest ratio is currently 1.4 days.

AGNC Investment Trading Down 0.5%

AGNC Investment stock traded down $0.14 during trading on Wednesday, hitting $24.82. 242 shares of the company were exchanged, compared to its average volume of 13,643. The business’s 50 day moving average is $24.95 and its 200 day moving average is $24.90. AGNC Investment has a 52 week low of $23.61 and a 52 week high of $25.44.

AGNC Investment Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.4844 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.94 annualized dividend and a dividend yield of 7.8%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.