AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 59,063 shares, a growth of 221.5% from the July 15th total of 18,373 shares. Based on an average daily volume of 20,909 shares, the short-interest ratio is currently 2.8 days.
AGNC Investment Price Performance
Shares of AGNC Investment stock opened at $25.98 on Friday. The firm has a 50 day simple moving average of $25.70 and a 200 day simple moving average of $25.62. AGNC Investment has a fifty-two week low of $24.65 and a fifty-two week high of $26.11.
AGNC Investment Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date was Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.57.
AGNC Investment Company Profile
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.
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