Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Decreases By 44.2%

AGNC Investment Corp. (NASDAQ:AGNCO) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,170 shares, a decrease of 44.2% from the August 15th total of 27,206 shares. Based on an average daily trading volume, of 20,974 shares, the days-to-cover ratio is currently 0.7 days.

AGNC Investment Stock Up 0.1%

Shares of NASDAQ:AGNCO opened at $25.70 on Tuesday. AGNC Investment has a fifty-two week low of $24.39 and a fifty-two week high of $25.75. The firm’s 50-day simple moving average is $25.55 and its 200-day simple moving average is $25.42.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $0.578 dividend. The ex-dividend date is Thursday, October 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56. This represents a $2.31 dividend on an annualized basis and a yield of 9.0%.

About AGNC Investment

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).