AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 37.2% in October

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 33,200 shares, a growth of 37.2% from the October 15th total of 24,200 shares. Based on an average daily volume of 24,300 shares, the short-interest ratio is currently 1.4 days.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $25.68 on Friday. The company’s fifty day simple moving average is $25.70 and its two-hundred day simple moving average is $25.71. AGNC Investment has a 12-month low of $24.83 and a 12-month high of $26.08.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a $0.681 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This is a boost from AGNC Investment’s previous quarterly dividend of $0.68. This represents a $2.72 annualized dividend and a dividend yield of 10.61%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC acquired a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNCN) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,700 shares of the company’s stock, valued at approximately $304,000.

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.