AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 81.8% in July

AGNC Investment Corp. (NASDAQ:AGNCN) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 18,373 shares, a decrease of 81.8% from the June 30th total of 100,895 shares. Based on an average trading volume of 26,467 shares, the days-to-cover ratio is presently 0.7 days.

AGNC Investment Price Performance

NASDAQ:AGNCN remained flat at $25.59 during trading hours on Friday. 13,324 shares of the company’s stock traded hands, compared to its average volume of 28,072. AGNC Investment has a twelve month low of $24.65 and a twelve month high of $26.11. The firm has a 50-day moving average of $25.69 and a 200 day moving average of $25.58.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 8.9%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Wednesday, July 1st.

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.