Short Interest in AGNC Investment Corp. (NASDAQ:AGNCL) Grows By 126.5%

AGNC Investment Corp. (NASDAQ:AGNCL) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 17,052 shares, an increase of 126.5% from the August 15th total of 7,530 shares. Based on an average daily trading volume, of 12,526 shares, the short-interest ratio is presently 1.4 days.

AGNC Investment Stock Up 0.1%

NASDAQ AGNCL opened at $25.15 on Monday. The company has a 50 day moving average of $25.06 and a 200-day moving average of $24.95. AGNC Investment has a 1-year low of $23.61 and a 1-year high of $25.50.

AGNC Investment Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.4844 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.94 dividend on an annualized basis and a yield of 7.7%.

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.