AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 43.1% in June

AGNC Investment Corp. (NASDAQ:AGNCN) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 47,692 shares, a drop of 43.1% from the May 31st total of 83,775 shares. Based on an average trading volume of 21,382 shares, the short-interest ratio is presently 2.2 days.

AGNC Investment Stock Performance

Shares of AGNCN stock traded down $0.35 during trading hours on Wednesday, reaching $25.27. 19,357 shares of the company’s stock were exchanged, compared to its average volume of 28,682. The stock’s 50 day moving average is $25.77 and its 200-day moving average is $25.60. AGNC Investment has a fifty-two week low of $24.65 and a fifty-two week high of $26.11.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.572 per share. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date is Wednesday, July 1st. This represents a $2.29 annualized dividend and a yield of 9.1%.

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.