Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Increases By 54.6%

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 12,185 shares, an increase of 54.6% from the December 31st total of 7,881 shares. Based on an average daily volume of 11,964 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 11,964 shares, the days-to-cover ratio is currently 1.0 days.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $25.11 on Friday. The firm’s 50-day simple moving average is $24.85 and its 200-day simple moving average is $24.89. AGNC Investment has a 1 year low of $22.84 and a 1 year high of $26.59.

AGNC Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were given a $0.4844 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.94 dividend on an annualized basis and a dividend 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.