AGNC Investment Corp. (NASDAQ:AGNCL) Sees Large Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 4,700 shares, a drop of 90.6% from the December 31st total of 49,800 shares. Based on an average daily trading volume, of 16,000 shares, the short-interest ratio is presently 0.3 days.

AGNC Investment Stock Down 1.6 %

AGNC Investment stock opened at $24.29 on Friday. AGNC Investment has a 1-year low of $22.30 and a 1-year high of $25.79. The firm’s fifty day moving average price is $24.95 and its two-hundred day moving average price is $24.69.

AGNC Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.98%. The ex-dividend date of this dividend was Tuesday, December 31st.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.