Short Interest in AGNC Investment Corp. (NASDAQ:AGNCP) Declines By 52.6%

AGNC Investment Corp. (NASDAQ:AGNCP) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 8,838 shares, a decline of 52.6% from the December 15th total of 18,627 shares. Based on an average daily volume of 37,959 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 37,959 shares, the days-to-cover ratio is currently 0.2 days.

AGNC Investment Trading Up 0.1%

AGNCP stock opened at $24.88 on Wednesday. The company has a 50 day simple moving average of $24.92 and a 200 day simple moving average of $25.07. AGNC Investment has a 1 year low of $23.37 and a 1 year high of $25.57.

AGNC Investment Cuts Dividend

The business 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 $0.5656 per share. The ex-dividend date is Wednesday, December 31st. This represents a $2.26 annualized dividend and a dividend yield of 9.1%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.