AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCO) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 17,666 shares, an increase of 220.8% from the July 15th total of 5,507 shares. Based on an average trading volume of 22,404 shares, the short-interest ratio is presently 0.8 days.

AGNC Investment Stock Performance

Shares of AGNCO stock traded up $0.02 during mid-day trading on Thursday, hitting $25.66. The company’s stock had a trading volume of 24,993 shares, compared to its average volume of 29,328. The company’s fifty day simple moving average is $25.45 and its 200-day simple moving average is $25.39. AGNC Investment has a 52 week low of $24.39 and a 52 week high of $25.75.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a $0.5646 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.8%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Company Profile

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).