Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Expands By 111.6%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 100,895 shares, an increase of 111.6% from the June 15th total of 47,692 shares. Based on an average daily volume of 48,183 shares, the short-interest ratio is presently 2.1 days.

AGNC Investment Trading Up 0.2%

NASDAQ:AGNCN opened at $25.48 on Wednesday. The business’s 50-day moving average is $25.71 and its 200 day moving average is $25.58. AGNC Investment has a 12 month low of $24.65 and a 12 month high of $26.11.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 9.0%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Wednesday, July 1st.

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.