Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Expands By 253.5%

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 20,288 shares, an increase of 253.5% from the February 26th total of 5,739 shares. Based on an average daily volume of 11,400 shares, the days-to-cover ratio is currently 1.8 days.

AGNC Investment Trading Down 0.2%

AGNCL opened at $25.05 on Friday. The firm’s fifty day moving average is $25.07 and its two-hundred day moving average is $24.89. AGNC Investment has a twelve month low of $22.84 and a twelve month high of $26.59.

AGNC Investment Announces 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 $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Wednesday, April 1st.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.