AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 4,221 shares, a decline of 77.9% from the October 15th total of 19,062 shares. Based on an average trading volume of 27,245 shares, the short-interest ratio is currently 0.2 days.

AGNC Investment Trading Up 1.4%

Shares of AGNCL opened at $24.68 on Thursday. The business’s fifty day simple moving average is $24.81 and its two-hundred day simple moving average is $24.92. AGNC Investment has a 12 month low of $23.61 and a 12 month high of $25.64.

AGNC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend was Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust focused primarily on agency residential mortgage-backed securities. These securities are backed by U.S. government agencies or government-sponsored enterprises, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investments through borrowing and uses hedging strategies to manage risks such as changes in interest rates and mortgage prepayments. Its business is centered on the U.S. residential mortgage market. Founded in 2008, AGNC is based in Bethesda, Maryland.