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

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 9,092 shares, a decline of 31.3% from the December 31st total of 13,234 shares. Based on an average daily volume of 15,107 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 15,107 shares, the short-interest ratio is currently 0.6 days.

AGNC Investment Price Performance

NASDAQ AGNCM opened at $24.96 on Friday. AGNC Investment has a 52-week low of $23.01 and a 52-week high of $25.49. The business has a 50 day simple moving average of $24.76 and a 200 day simple moving average of $24.87.

AGNC Investment Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were paid a dividend of $0.5422 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.17 annualized dividend and a yield of 8.7%.

Institutional Trading of AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Kelleher Financial Advisors purchased a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNCM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,792 shares of the company’s stock, valued at approximately $240,000.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.