AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 89.4% in July

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 17,800 shares, an increase of 89.4% from the July 15th total of 9,400 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On AGNC Investment

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

AGNC Investment Price Performance

Shares of AGNCN stock opened at $25.67 on Thursday. The firm has a 50 day moving average of $25.75 and a two-hundred day moving average of $25.66. AGNC Investment has a 52 week low of $23.67 and a 52 week high of $26.18.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 1st were issued a $0.6762 dividend. The ex-dividend date was Monday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.68. This represents a $2.70 dividend on an annualized basis and a yield of 10.54%.

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.