AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 27,206 shares, an increase of 54.0% from the July 30th total of 17,666 shares. Based on an average daily volume of 20,524 shares, the days-to-cover ratio is presently 1.3 days.

AGNC Investment Trading Down 0.2%

Shares of NASDAQ:AGNCO opened at $25.66 on Wednesday. AGNC Investment has a twelve month low of $24.39 and a twelve month high of $25.75. The company’s 50 day moving average is $25.49 and its 200 day moving average is $25.41.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.5646 dividend. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.8%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).