AGNC Investment Corp. (NASDAQ:AGNCN) Sees Significant Increase in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 100,895 shares, a growth of 111.6% from the June 15th total of 47,692 shares. Based on an average daily volume of 48,183 shares, the short-interest ratio is currently 2.1 days.

AGNC Investment Trading Up 0.1%

Shares of AGNC Investment stock traded up $0.04 during trading on Friday, hitting $25.57. The stock had a trading volume of 7,706 shares, compared to its average volume of 28,311. AGNC Investment has a 12 month low of $24.65 and a 12 month high of $26.11. The business’s 50-day moving average is $25.71 and its 200 day moving average is $25.58.

AGNC Investment Increases Dividend

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

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.