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

AGNC Investment Corp. (NASDAQ:AGNCN) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 47,692 shares, a drop of 43.1% from the May 31st total of 83,775 shares. Based on an average daily trading volume, of 21,382 shares, the days-to-cover ratio is presently 2.2 days.

AGNC Investment Trading Up 0.4%

Shares of NASDAQ AGNCN opened at $25.38 on Friday. AGNC Investment has a 12-month low of $24.65 and a 12-month high of $26.11. The firm’s 50-day simple moving average is $25.76 and its 200 day simple moving average is $25.60.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.572 per share. The ex-dividend date is Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.57. This represents a $2.29 dividend on an annualized basis and a dividend yield of 9.0%.

AGNC Investment Company Profile

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.