Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 24.2%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 5,758 shares, a decrease of 24.2% from the November 30th total of 7,601 shares. Based on an average daily volume of 20,806 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 20,806 shares, the short-interest ratio is presently 0.3 days.

AGNC Investment Price Performance

AGNCN opened at $25.88 on Wednesday. The business’s 50-day moving average price is $25.55 and its two-hundred day moving average price is $25.63. AGNC Investment has a 1 year low of $23.63 and a 1 year high of $26.59.

AGNC Investment (NASDAQ:AGNCN) last posted its quarterly earnings data on Monday, October 25th. The company reported $0.55 earnings per share for the quarter. The firm had revenue of $471.00 million for the quarter.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st will be paid a dividend of $0.592 per share. This represents a $2.37 annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

About AGNC Investment

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.