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

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 5,700 shares, a decline of 14.9% from the May 31st total of 6,700 shares. Based on an average trading volume of 36,900 shares, the days-to-cover ratio is currently 0.2 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCO remained flat at $24.80 during mid-day trading on Tuesday. The company had a trading volume of 27,515 shares, compared to its average volume of 32,337. AGNC Investment has a one year low of $20.85 and a one year high of $25.19. The firm’s 50-day moving average price is $24.83 and its 200-day moving average price is $24.41.

AGNC Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be given a $0.4063 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.63 annualized dividend and a yield of 6.55%.

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.