Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Rises By 253.5%

AGNC Investment Corp. (NASDAQ:AGNCL) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 20,288 shares, an increase of 253.5% from the February 26th total of 5,739 shares. Based on an average daily volume of 11,400 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 11,400 shares, the short-interest ratio is presently 1.8 days.

AGNC Investment Trading Up 0.3%

Shares of NASDAQ AGNCL opened at $25.12 on Wednesday. The company has a 50 day simple moving average of $25.06 and a 200 day simple moving average of $24.89. AGNC Investment has a 1 year low of $22.84 and a 1 year high of $26.59.

AGNC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a $0.4844 dividend. This represents a $1.94 annualized dividend and a yield of 7.7%. The ex-dividend date is Wednesday, April 1st.

About AGNC Investment

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.