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

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 36,400 shares, an increase of 17.0% from the November 15th total of 31,100 shares. Based on an average daily trading volume, of 27,200 shares, the days-to-cover ratio is presently 1.3 days.

AGNC Investment Price Performance

AGNC Investment stock opened at $25.64 on Monday. The firm has a 50 day simple moving average of $25.65 and a 200-day simple moving average of $25.72. AGNC Investment has a 1-year low of $24.83 and a 1-year high of $26.08.

AGNC Investment Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a dividend of $0.6402 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 9.99%. The ex-dividend date is Tuesday, December 31st.

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.