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

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 27,494 shares, a decline of 67.3% from the June 30th total of 84,020 shares. Based on an average daily trading volume, of 43,377 shares, the short-interest ratio is currently 0.6 days.

AGNC Investment Price Performance

Shares of AGNCZ remained flat at $25.26 on Monday. 16,517 shares of the company traded hands, compared to its average volume of 57,108. AGNC Investment has a fifty-two week low of $24.58 and a fifty-two week high of $26.37. The business has a 50-day simple moving average of $25.33.

AGNC Investment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a $0.5469 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.19 annualized dividend and a yield of 8.7%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.