Short Interest in AGNC Investment Corp. (NASDAQ:AGNCZ) Rises By 389.8%

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 31,137 shares, a growth of 389.8% from the April 30th total of 6,357 shares. Based on an average trading volume of 57,719 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Price Performance

AGNCZ opened at $25.40 on Thursday. The stock has a 50-day simple moving average of $25.24. AGNC Investment has a twelve month low of $24.58 and a twelve month high of $26.37.

AGNC Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.5469 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Wednesday, April 1st.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.