AGNC Investment Corp. (NASDAQ:AGNCM) Sees Significant Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 6,900 shares, a decrease of 5.5% from the September 30th total of 7,300 shares. Based on an average trading volume of 16,500 shares, the short-interest ratio is presently 0.4 days.

AGNC Investment Stock Down 0.4 %

NASDAQ AGNCM opened at $24.98 on Friday. The business has a 50-day moving average price of $25.16 and a 200-day moving average price of $25.11. AGNC Investment has a twelve month low of $22.02 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. Investors of record on Tuesday, October 1st were given a $0.6312 dividend. This is an increase 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 10.11%. 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.