AGNC Investment Corp. Experiences Notable Drop in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) experienced a significant reduction in short interest during September. As of September 30th, the short interest stood at 7,300 shares, marking a substantial decline of 34.8% compared to 11,200 shares reported on September 15th. With an average daily trading volume of 16,400 shares, the current days-to-cover ratio is approximately 0.4 days.

AGNC Investment Stock Performance

The stock began trading at $24.98 on Friday. It has maintained a 50-day simple moving average of $25.21 and a 200-day simple moving average of $25.07. Over the past year, AGNC Investment has hit a low of $20.48 and a high of $25.85, indicating significant price fluctuations.

AGNC Investment Increases Dividend

In a positive move for shareholders, AGNC Investment announced a quarterly dividend that is set to be paid on Tuesday, October 15th. Investors who were on record as of Tuesday, October 1st, will receive a dividend of $0.6312. This represents an increase from the company’s previous quarterly dividend of $0.63. The annualized dividend is now valued at $2.52, resulting in a notable dividend yield of 10.11%.

AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. specializes in providing private capital within the housing market of the United States. Its investment focus includes residential mortgage pass-through securities and collateralized mortgage obligations, which are backed by guarantees from government-sponsored enterprises or U.S. government agencies.

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