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

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 47,900 shares, a growth of 90.8% from the December 15th total of 25,100 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 1.9 days.

AGNC Investment Price Performance

NASDAQ:AGNCN opened at $25.67 on Wednesday. AGNC Investment has a fifty-two week low of $25.06 and a fifty-two week high of $26.08. The business has a 50 day moving average price of $25.71 and a 200-day moving average price of $25.70.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a $0.6402 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 9.98%. The ex-dividend date is Tuesday, December 31st.

About AGNC Investment

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.