AGNC Investment Corp. (NASDAQ:AGNCP) Stock Short Interest Climbs 328.5%

AGNC Investment Corp. (NASDAQ:AGNCP) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 67,358 shares, an increase of 328.5% from the September 30th total of 15,718 shares. Based on an average trading volume of 114,135 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Stock Performance

Shares of AGNCP stock traded down $0.07 on Thursday, reaching $24.41. 114,149 shares of the company’s stock traded hands, compared to its average volume of 74,241. AGNC Investment has a 12-month low of $23.62 and a 12-month high of $25.54. The business’s 50 day moving average price is $25.09 and its two-hundred day moving average price is $24.98.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a $0.5591 dividend. This represents a $2.24 annualized dividend and a yield of 9.2%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.5488. The ex-dividend date of this dividend was Thursday, October 1st.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations for which principal and interest payments are guaranteed by a U.S. government-sponsored enterprise or a U.S. government agency. The company’s portfolio generally includes securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

AGNC uses financing arrangements and interest-rate hedging strategies to manage its investment portfolio, funding costs and exposure to changes in interest rates.