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

AGNC Investment Corp. (NASDAQ:AGNCN) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 5,200 shares, a drop of 19.2% from the January 15th total of 6,439 shares. Based on an average trading volume of 48,456 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 48,456 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Stock Performance

AGNC Investment stock opened at $25.83 on Friday. The stock’s 50 day simple moving average is $25.57 and its two-hundred day simple moving average is $25.62. AGNC Investment has a 12 month low of $23.63 and a 12 month high of $26.59.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were issued a $0.592 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.37 dividend on an annualized basis and a yield of 9.2%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.