AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 17,052 shares, an increase of 126.5% from the August 15th total of 7,530 shares. Based on an average trading volume of 12,526 shares, the short-interest ratio is currently 1.4 days.

AGNC Investment Price Performance

NASDAQ:AGNCL opened at $25.25 on Wednesday. The stock has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $24.96. AGNC Investment has a 1-year low of $23.61 and a 1-year high of $25.50.

AGNC Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a $0.4844 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $1.94 dividend on an annualized basis and a yield of 7.7%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.