Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Drops By 28.7%

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 18,400 shares, a drop of 28.7% from the August 31st total of 25,800 shares. Based on an average daily trading volume, of 44,300 shares, the days-to-cover ratio is presently 0.4 days.

AGNC Investment Trading Down 0.1 %

AGNCP stock opened at $24.81 on Friday. AGNC Investment has a 12-month low of $19.61 and a 12-month high of $24.99. The business’s 50-day moving average is $24.27 and its 200 day moving average is $23.97.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be paid a $0.3828 dividend. The ex-dividend date is Tuesday, October 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.38. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.17%.

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.