Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Decreases By 59.5%

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 11,666 shares, a decline of 59.5% from the June 30th total of 28,802 shares. Based on an average trading volume of 8,517 shares, the short-interest ratio is presently 1.4 days.

AGNC Investment Stock Performance

Shares of NASDAQ:AGNCL opened at $24.96 on Tuesday. AGNC Investment has a 52 week low of $23.61 and a 52 week high of $25.44. The company has a 50-day moving average price of $24.95 and a 200 day moving average price of $24.90.

AGNC Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Wednesday, July 1st.

AGNC Investment Company Profile

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.