AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCO) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 17,666 shares, an increase of 220.8% from the July 15th total of 5,507 shares. Based on an average daily trading volume, of 22,404 shares, the short-interest ratio is currently 0.8 days.

AGNC Investment Price Performance

Shares of AGNC Investment stock traded up $0.02 during midday trading on Thursday, reaching $25.66. The company had a trading volume of 24,993 shares, compared to its average volume of 29,328. The stock has a fifty day moving average price of $25.45 and a 200 day moving average price of $25.39. AGNC Investment has a fifty-two week low of $24.39 and a fifty-two week high of $25.75.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.5646 per share. This represents a $2.26 annualized dividend and a yield of 8.8%. The ex-dividend date was Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).