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

AGNC Investment Corp. (NASDAQ:AGNCM) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 10,574 shares, a decline of 45.5% from the July 15th total of 19,389 shares. Based on an average daily volume of 10,982 shares, the days-to-cover ratio is currently 1.0 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCM opened at $25.21 on Wednesday. AGNC Investment has a one year low of $23.63 and a one year high of $25.30. The firm has a 50 day simple moving average of $25.03 and a 200 day simple moving average of $24.88.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a $0.5228 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date was Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.52.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.