Short Interest in AGNC Investment Corp. (NASDAQ:AGNCM) Expands By 70.2%

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 9,700 shares, an increase of 70.2% from the October 31st total of 5,700 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 0.6 days.

AGNC Investment Stock Performance

NASDAQ:AGNCM opened at $25.21 on Friday. The firm’s fifty day simple moving average is $25.09 and its 200 day simple moving average is $25.16. AGNC Investment has a twelve month low of $23.36 and a twelve month high of $25.85.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.6312 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.63. This represents a $2.52 dividend on an annualized basis and a dividend yield of 10.02%. The ex-dividend date of this dividend was Tuesday, October 1st.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.