AGNC Investment Corp. (NASDAQ:AGNCN) Sees Large Increase in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 100,895 shares, an increase of 111.6% from the June 15th total of 47,692 shares. Based on an average daily volume of 48,183 shares, the days-to-cover ratio is presently 2.1 days.

AGNC Investment Price Performance

Shares of AGNCN stock opened at $25.53 on Thursday. The firm has a 50-day moving average price of $25.71 and a 200 day moving average price of $25.58. AGNC Investment has a twelve month low of $24.65 and a twelve month high of $26.11.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a $0.572 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. This represents a $2.29 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend was Wednesday, July 1st.

AGNC Investment Company Profile

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.