Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Drops By 36.0%

AGNC Investment Corp. (NASDAQ:AGNCL) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 9,271 shares, a drop of 36.0% from the November 30th total of 14,481 shares. Based on an average daily volume of 8,786 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 8,786 shares, the short-interest ratio is currently 1.1 days.

AGNC Investment Price Performance

NASDAQ:AGNCL opened at $24.95 on Friday. The company’s 50-day moving average price is $24.68 and its 200-day moving average price is $24.90. AGNC Investment has a twelve month low of $22.84 and a twelve month high of $26.59.

AGNC Investment (NASDAQ:AGNCL) last posted its quarterly earnings results on Monday, October 25th. The company reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $471.00 million during the quarter.

AGNC Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st will be issued a dividend of $0.4844 per share. The ex-dividend date is Wednesday, December 31st. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.8%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.