AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 61.2% in March

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 8,784 shares, a decline of 61.2% from the February 26th total of 22,646 shares. Based on an average trading volume of 17,833 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Stock Performance

NASDAQ:AGNCN opened at $25.47 on Thursday. AGNC Investment has a 1-year low of $23.63 and a 1-year high of $26.59. The company’s fifty day moving average price is $25.59 and its 200-day moving average price is $25.59.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a $0.5652 dividend. This represents a $2.26 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Wednesday, April 1st.

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.