AGNC Investment Corp. (NASDAQ:AGNCM) Sees Large Increase in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 28,100 shares, an increase of 639.5% from the December 31st total of 3,800 shares. Based on an average daily volume of 17,000 shares, the days-to-cover ratio is presently 1.7 days.

AGNC Investment Stock Up 0.3 %

Shares of AGNC Investment stock opened at $25.32 on Wednesday. The stock’s fifty day moving average is $25.29 and its two-hundred day moving average is $25.19. AGNC Investment has a 52 week low of $24.21 and a 52 week high of $25.85.

AGNC Investment Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a dividend of $0.5904 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date was 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.