AGNC Investment Corp. (NASDAQ:AGNCZ – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 31,748 shares, an increase of 97.0% from the September 30th total of 16,115 shares. Based on an average daily volume of 133,178 shares, the short-interest ratio is presently 0.2 days.
AGNC Investment Stock Performance
Shares of AGNCZ opened at $23.70 on Tuesday. AGNC Investment has a twelve month low of $23.33 and a twelve month high of $26.37. The firm’s fifty day simple moving average is $24.73 and its 200-day simple moving average is $25.25.
AGNC Investment Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a dividend of $0.5469 per share. The ex-dividend date was Thursday, October 1st. This represents a $2.19 dividend on an annualized basis and a dividend yield of 9.2%.
AGNC Investment Corp. is an internally managed real estate investment trust (REIT) that invests primarily in agency residential mortgage-backed securities. These securities are backed by residential mortgages and guaranteed by government-sponsored enterprises or U.S. government agencies, including Fannie Mae, Freddie Mac and Ginnie Mae.
The company seeks to generate income for shareholders through the interest earned on its investment portfolio, together with gains and losses from managing its holdings and related financing arrangements.
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