AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCO) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 16,073 shares, an increase of 86.7% from the December 15th total of 8,607 shares. Based on an average daily volume of 22,764 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 22,764 shares, the days-to-cover ratio is currently 0.7 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCO opened at $25.26 on Thursday. The firm has a fifty day simple moving average of $25.30 and a two-hundred day simple moving average of $25.37. AGNC Investment has a 52 week low of $23.68 and a 52 week high of $25.95.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be given a $0.5845 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.34 annualized dividend and a yield of 9.3%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).