AGNC Investment Corp. (NASDAQ:AGNCO) Shares Shorted: Short Interest Up 286.0% in October

AGNC Investment Corp. (NASDAQ:AGNCO) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 40,996 shares, an increase of 286.0% from the September 30th total of 10,621 shares. Based on an average trading volume of 59,942 shares, the short-interest ratio is presently 0.7 days.

AGNC Investment Stock Up 0.1%

Shares of AGNC Investment stock traded up $0.02 on Wednesday, reaching $24.87. 149,944 shares of the company were exchanged, compared to its average volume of 32,363. The company’s 50-day moving average is $25.43 and its two-hundred day moving average is $25.40. AGNC Investment has a 1-year low of $24.39 and a 1-year high of $25.74.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were given a $0.5780 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.5646. This represents a $2.31 annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend was Thursday, October 1st.

AGNC Investment Company Profile

AGNC Investment Corp. is an internally managed real estate investment trust (REIT) that invests primarily in residential mortgage-backed securities (MBS) backed by the U.S. government, Fannie Mae, Freddie Mac or Ginnie Mae. Its portfolio generally includes agency mortgage pass-through securities and collateralized mortgage obligations.

The company seeks to generate income through the spread between the interest earned on its investments and the cost of financing those investments. AGNC uses repurchase agreements and other financing arrangements, along with hedging strategies, to manage interest-rate and market risks associated with its mortgage investments.

Founded in 2008, AGNC Investment is headquartered in Bethesda, Maryland, and operates in the U.S.