AGNC Investment Corp. (NASDAQ:AGNCN) Sees Significant Decrease in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 5,200 shares, a decline of 19.2% from the January 15th total of 6,439 shares. Based on an average daily trading volume, of 48,456 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 48,456 shares, the short-interest ratio is presently 0.1 days.

AGNC Investment Stock Performance

AGNCN stock opened at $25.83 on Tuesday. AGNC Investment has a 1 year low of $23.63 and a 1 year high of $26.59. The stock’s fifty day moving average price is $25.57 and its 200-day moving average price is $25.62.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were given a $0.592 dividend. This represents a $2.37 annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.