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

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 12,900 shares, a decline of 43.7% from the November 30th total of 22,900 shares. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is currently 0.3 days.

AGNC Investment Price Performance

AGNCO traded down $0.04 during trading on Friday, hitting $25.60. 45,977 shares of the company’s stock were exchanged, compared to its average volume of 37,162. The stock has a 50 day moving average price of $25.38 and a 200 day moving average price of $25.13. AGNC Investment has a 1 year low of $23.02 and a 1 year high of $25.69.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be issued a $0.6326 dividend. This is an increase from AGNC Investment’s previous quarterly dividend of $0.41. This represents a $2.53 annualized dividend and a yield of 9.88%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.