AGNC Investment Corp. (NASDAQ:AGNCO) Sees Large Decline in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 9,600 shares, a drop of 16.5% from the August 31st total of 11,500 shares. Based on an average daily volume of 37,200 shares, the days-to-cover ratio is presently 0.3 days.

AGNC Investment Price Performance

Shares of NASDAQ AGNCO opened at $25.39 on Monday. The business has a 50-day moving average of $24.99 and a 200-day moving average of $24.80. AGNC Investment has a 12 month low of $20.85 and a 12 month high of $25.50.

AGNC Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be issued a $0.4063 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.63 annualized dividend and a dividend yield of 6.40%.

About AGNC Investment

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.