AGNC Investment Corp. (NASDAQ:AGNCZ) Short Interest Down 46.4% in August

AGNC Investment Corp. (NASDAQ:AGNCZ) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 14,676 shares, a decrease of 46.4% from the August 15th total of 27,382 shares. Based on an average daily volume of 30,139 shares, the short-interest ratio is presently 0.5 days.

AGNC Investment Price Performance

Shares of NASDAQ:AGNCZ traded down $0.03 during trading on Tuesday, hitting $25.28. 40,400 shares of the stock traded hands, compared to its average volume of 52,624. The company has a fifty day moving average price of $25.41 and a two-hundred day moving average price of $25.38. AGNC Investment has a 52-week low of $24.58 and a 52-week high of $26.37.

AGNC Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a dividend of $0.5469 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.19 dividend on an annualized basis and a yield of 8.7%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.