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

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,507 shares, a decline of 94.3% from the June 30th total of 95,793 shares. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is presently 0.2 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCO traded down $0.02 on Friday, hitting $25.40. The company had a trading volume of 9,040 shares, compared to its average volume of 30,058. AGNC Investment has a 1-year low of $24.39 and a 1-year high of $25.75. The stock has a 50 day moving average price of $25.46 and a 200 day moving average price of $25.36.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a dividend of $0.5646 per share. This represents a $2.26 annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56.

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).