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

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 7,900 shares, a drop of 71.9% from the December 31st total of 28,100 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 0.5 days.

AGNC Investment Trading Down 1.1 %

Shares of NASDAQ AGNCM opened at $25.05 on Friday. AGNC Investment has a 52-week low of $24.32 and a 52-week high of $25.85. The firm’s fifty day moving average is $25.29 and its two-hundred day moving average is $25.19.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a $0.5904 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.36 annualized dividend and a yield of 9.43%.

About AGNC Investment

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.