Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Declines By 23.0%

AGNC Investment Corp. (NASDAQ:AGNCN) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 9,400 shares, a decrease of 23.0% from the June 30th total of 12,200 shares. Based on an average daily trading volume, of 22,200 shares, the days-to-cover ratio is currently 0.4 days.

AGNC Investment Stock Down 0.1 %

AGNCN opened at $25.84 on Tuesday. AGNC Investment has a 12-month low of $23.67 and a 12-month high of $26.18. The firm’s fifty day moving average price is $25.77 and its 200 day moving average price is $25.64.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were paid a $0.6762 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.68.

Hedge Funds Weigh In On AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC bought a new position in AGNC Investment Corp. (NASDAQ:AGNCN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 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.