AGNC Investment Corp. (NASDAQ:AGNCL) Sees Significant Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 11,692 shares, an increase of 183.4% from the May 31st total of 4,126 shares. Based on an average daily volume of 9,932 shares, the short-interest ratio is presently 1.2 days.

AGNC Investment Stock Performance

NASDAQ AGNCL traded up $0.06 on Monday, reaching $25.05. The company had a trading volume of 10,853 shares, compared to its average volume of 13,841. AGNC Investment has a fifty-two week low of $23.61 and a fifty-two week high of $25.44. The business has a 50 day moving average of $24.96 and a two-hundred day moving average of $24.90.

AGNC Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Wednesday, July 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.