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

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

AGNC Investment Stock Performance

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

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a $0.5646 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.26 dividend on an annualized basis and a dividend yield of 8.9%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Company Profile

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).