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

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large increase in short interest in the month of 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 trading volume of 27,200 shares, the short-interest ratio is presently 1.3 days.

AGNC Investment Stock Up 0.2 %

AGNC Investment stock opened at $25.64 on Monday. AGNC Investment has a 52 week low of $24.83 and a 52 week high of $26.08. The business’s 50-day moving average price is $25.65 and its 200 day moving average price is $25.72.

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 dividend of $0.6402 per share. This represents a $2.56 annualized dividend and a dividend yield of 9.99%. The ex-dividend date of this dividend 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.