AGNC Investment Corp. (NASDAQ:AGNCL) Sees Large Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCL) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 6,800 shares, a decline of 28.4% from the October 15th total of 9,500 shares. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is presently 0.3 days.

AGNC Investment Stock Up 0.1 %

Shares of NASDAQ AGNCL opened at $25.18 on Friday. AGNC Investment has a one year low of $20.70 and a one year high of $25.67. The stock’s fifty day moving average price is $24.93 and its two-hundred day moving average price is $24.25.

AGNC Investment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.70%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.