AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 225.8% in April

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 61,639 shares, a growth of 225.8% from the April 15th total of 18,917 shares. Based on an average trading volume of 22,128 shares, the short-interest ratio is presently 2.8 days.

AGNC Investment Price Performance

AGNCN opened at $25.72 on Friday. AGNC Investment has a 52-week low of $24.65 and a 52-week high of $26.11. The business’s fifty day moving average is $25.49 and its 200-day moving average is $25.53.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $0.5652 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.26 annualized dividend and a yield of 8.8%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.