AGNC Investment Corp. (NASDAQ:AGNCM) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNCM) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 28,100 shares, an increase of 639.5% from the December 15th total of 3,800 shares. Based on an average trading volume of 17,000 shares, the short-interest ratio is presently 1.7 days.

AGNC Investment Stock Down 0.5 %

AGNCM stock traded down $0.13 during trading on Monday, hitting $24.88. 18,777 shares of the company traded hands, compared to its average volume of 9,909. The stock’s 50-day simple moving average is $25.25 and its 200 day simple moving average is $25.18. AGNC Investment has a 1 year low of $24.05 and a 1 year high of $25.85.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.5904 per share. This represents a $2.36 annualized dividend and a yield of 9.49%. The ex-dividend date of this dividend is 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.