Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Drops By 36.4%

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 8,900 shares, a decline of 36.4% from the February 13th total of 14,000 shares. Based on an average trading volume of 36,900 shares, the days-to-cover ratio is presently 0.2 days.

AGNC Investment Stock Performance

NASDAQ AGNCO opened at $25.90 on Friday. The stock’s 50-day moving average price is $25.46 and its two-hundred day moving average price is $25.35. AGNC Investment has a 1 year low of $24.01 and a 1 year high of $25.95.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.5976 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.39 annualized dividend and a yield of 9.23%.

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.