AGNC Investment Corp. (NASDAQ:AGNCM) Short Interest Down 71.9% in January

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 7,900 shares, a drop of 71.9% from the December 31st total of 28,100 shares. Based on an average daily trading volume, of 16,900 shares, the short-interest ratio is currently 0.5 days.

AGNC Investment Stock Up 0.5 %

AGNCM stock traded up $0.12 during midday trading on Thursday, reaching $25.35. 6,454 shares of the company’s stock traded hands, compared to its average volume of 12,140. The stock’s 50-day moving average is $25.29 and its 200 day moving average is $25.19. AGNC Investment has a 52-week low of $24.32 and a 52-week high of $25.85.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.5904 dividend. This represents a $2.36 annualized dividend and a yield of 9.32%. The ex-dividend date of this dividend was Tuesday, December 31st.

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.