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

AGNC Investment Corp. (NASDAQ:AGNCP) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 10,090 shares, a decline of 31.4% from the January 29th total of 14,708 shares. Based on an average trading volume of 67,516 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 67,516 shares, the short-interest ratio is currently 0.1 days.

AGNC Investment Trading Down 0.4%

NASDAQ:AGNCP opened at $24.95 on Friday. The stock has a 50-day moving average price of $24.99 and a 200 day moving average price of $25.04. AGNC Investment has a 12-month low of $23.37 and a 12-month high of $25.57.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were given a dividend of $0.5656 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.26 annualized dividend and a dividend yield of 9.1%.

AGNC Investment Company Profile

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.