AGNC Investment Corp. (NASDAQ:AGNCN) Sees Significant Increase in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 47,900 shares, an increase of 90.8% from the December 15th total of 25,100 shares. Based on an average trading volume of 25,500 shares, the short-interest ratio is currently 1.9 days.

AGNC Investment Price Performance

Shares of AGNCN stock opened at $25.57 on Tuesday. The stock’s fifty day simple moving average is $25.72 and its 200 day simple moving average is $25.70. AGNC Investment has a one year low of $25.06 and a one year high of $26.08.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a $0.6402 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.56 annualized dividend and a dividend yield of 10.01%.

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.