Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Drops By 48.7%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 30,131 shares, a decrease of 48.7% from the August 15th total of 58,776 shares. Based on an average daily volume of 14,297 shares, the short-interest ratio is presently 2.1 days.

AGNC Investment Price Performance

Shares of NASDAQ AGNCN traded down $0.03 during midday trading on Tuesday, reaching $25.78. 24,708 shares of the company’s stock traded hands, compared to its average volume of 25,769. The stock’s 50 day simple moving average is $25.76 and its 200-day simple moving average is $25.65. AGNC Investment has a one year low of $24.65 and a one year high of $26.11.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.5856 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.34 annualized dividend and a yield of 9.1%.

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.