AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 43.1% in June

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 47,692 shares, a drop of 43.1% from the May 31st total of 83,775 shares. Based on an average daily volume of 21,382 shares, the days-to-cover ratio is currently 2.2 days.

AGNC Investment Stock Down 1.4%

AGNCN stock traded down $0.35 during trading on Wednesday, reaching $25.27. The company had a trading volume of 19,357 shares, compared to its average volume of 28,682. AGNC Investment has a twelve month low of $24.65 and a twelve month high of $26.11. The firm has a 50-day simple moving average of $25.77 and a 200-day simple moving average of $25.60.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.572 per share. The ex-dividend date is Wednesday, July 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.57. This represents a $2.29 annualized dividend and a dividend yield of 9.1%.

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.