AGNC Investment Corp. (NASDAQ:AGNCN) Stock Short Interest Jumps 87.1%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 30,865 shares, an increase of 87.1% from the September 30th total of 16,497 shares. Based on an average trading volume of 34,471 shares, the short-interest ratio is presently 0.9 days.

AGNC Investment Price Performance

NASDAQ AGNCN traded down $0.01 on Monday, hitting $25.34. 5,718 shares of the company traded hands, compared to its average volume of 26,103. The business’s 50 day moving average price is $25.59 and its 200-day moving average price is $25.61. AGNC Investment has a 52-week low of $24.65 and a 52-week high of $25.99.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were issued a $0.5856 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.34 annualized dividend and a yield of 9.2%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5720.

About AGNC Investment

AGNC Investment Corp. is an internally managed real estate investment trust that invests primarily in residential mortgage securities guaranteed by the U.S. government or a government-sponsored enterprise. Its portfolio generally includes agency mortgage-backed securities issued or guaranteed by entities such as Fannie Mae, Freddie Mac and Ginnie Mae.

The company seeks to generate income from its mortgage investments and manages the associated interest-rate, prepayment and financing risks through hedging and other portfolio-management strategies.