AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 6,285 shares, a decrease of 60.3% from the September 15th total of 15,823 shares. Based on an average daily volume of 16,047 shares, the short-interest ratio is presently 0.4 days.
AGNC Investment Trading Up 0.1%
NASDAQ AGNCM opened at $24.67 on Wednesday. AGNC Investment has a 1-year low of $23.63 and a 1-year high of $25.54. The company has a 50 day moving average of $25.14 and a 200-day moving average of $24.94.
AGNC Investment Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.5358 per share. This is an increase from AGNC Investment’s previous quarterly dividend of $0.5228. This represents a $2.14 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Thursday, October 1st.
AGNC Investment Company Profile
AGNC Investment Corp. is a real estate investment trust that invests primarily in agency residential mortgage-backed securities (MBS). These securities are issued or guaranteed by U.S. government-sponsored entities such as Fannie Mae and Freddie Mac, or by government agencies including Ginnie Mae. The company seeks to generate income through its investment portfolio and related financing and hedging activities.
AGNC Investment typically finances its agency MBS holdings through repurchase agreements and uses interest-rate swaps, U.S.
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