AGNC Investment Corp. (NASDAQ:AGNCL) Shares Shorted: Short Interest Down 63.6% in September

AGNC Investment Corp. (NASDAQ:AGNCL) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 6,205 shares, a decrease of 63.6% from the August 31st total of 17,052 shares. Based on an average trading volume of 10,894 shares, the short-interest ratio is currently 0.6 days.

AGNC Investment Price Performance

NASDAQ:AGNCL traded up $0.09 during trading hours on Friday, hitting $25.47. 18,409 shares of the stock were exchanged, compared to its average volume of 13,511. The firm’s fifty day moving average price is $25.16 and its 200 day moving average price is $24.96. AGNC Investment has a 52-week low of $23.61 and a 52-week high of $25.50.

AGNC Investment Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.4844 per share. This represents a $1.94 annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by government-sponsored enterprises or U.S. government agencies, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investment portfolio through repurchase agreements and other forms of borrowing and seeks to generate income from the spread between its investment returns and financing costs.

AGNC’s portfolio and risk-management activities are centered on the U.S.