AGNC Investment Corp. (NASDAQ:AGNCP) Shares Shorted: Short Interest Down 84.5% in October

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 10,430 shares, a decline of 84.5% from the October 15th total of 67,358 shares. Based on an average daily volume of 88,000 shares, the days-to-cover ratio is currently 0.1 days.

AGNC Investment Stock Performance

NASDAQ AGNCP opened at $24.63 on Wednesday. AGNC Investment has a 12 month low of $23.62 and a 12 month high of $25.54. The company’s 50-day moving average price is $24.91 and its 200-day moving average price is $24.95.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were given a $0.5591 dividend. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.5488. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.24 annualized dividend and a yield of 9.1%.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust (REIT) that invests primarily in agency residential mortgage-backed securities (RMBS). These securities are issued or guaranteed by U.S. government-sponsored enterprises such as Fannie Mae and Freddie Mac, or by government agencies including Ginnie Mae. The company’s investment portfolio may also include collateralized mortgage obligations and other residential mortgage-related assets. AGNC finances its investments largely through repurchase agreements and manages interest-rate and other market risks using hedging instruments, including interest-rate swaps and futures.