Short Interest in AGNC Investment Corp. (NASDAQ:AGNCO) Decreases By 52.4%

AGNC Investment Corp. (NASDAQ:AGNCO) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 8,093 shares, a decline of 52.4% from the May 14th total of 16,999 shares. Based on an average trading volume of 12,872 shares, the short-interest ratio is currently 0.6 days.

AGNC Investment Trading Down 0.0%

NASDAQ AGNCO traded down $0.01 on Friday, hitting $25.56. 25,605 shares of the stock were exchanged, compared to its average volume of 28,099. AGNC Investment has a fifty-two week low of $24.39 and a fifty-two week high of $25.87. The company has a 50-day moving average price of $25.36 and a 200-day moving average price of $25.35.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.5646 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.56. The ex-dividend date is Wednesday, July 1st. This represents a $2.26 annualized dividend and a yield of 8.8%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).