Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Grows By 287.6%

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 50,000 shares, an increase of 287.6% from the December 15th total of 12,900 shares. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is currently 1.1 days.

AGNC Investment Stock Up 0.2 %

AGNC Investment stock opened at $25.20 on Tuesday. AGNC Investment has a 1-year low of $23.77 and a 1-year high of $25.69. The company has a fifty day simple moving average of $25.40 and a 200 day simple moving average of $25.15.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be issued a $0.6326 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.41. The ex-dividend date is Tuesday, December 31st. This represents a $2.53 annualized dividend and a dividend yield of 10.04%.

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.