Short Interest in AGNC Investment Corp. (NASDAQ:AGNCM) Rises By 1,040.0%

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,700 shares, an increase of 1,040.0% from the February 28th total of 500 shares. Based on an average trading volume of 14,100 shares, the days-to-cover ratio is presently 0.4 days.

AGNC Investment Trading Down 0.2 %

Shares of NASDAQ AGNCM traded down $0.06 during trading on Wednesday, reaching $25.29. The stock had a trading volume of 21,460 shares, compared to its average volume of 18,698. AGNC Investment has a fifty-two week low of $24.32 and a fifty-two week high of $25.85. The business’s 50-day moving average price is $25.27 and its 200-day moving average price is $25.22.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a dividend of $0.5563 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.23 annualized dividend and a yield of 8.80%.

AGNC Investment Company Profile

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.