AGNC Investment Corp. (NASDAQ:AGNCM) Sees 52.5% Decrease in Short Interest in December
AGNC Investment Corp. (NASDAQ:AGNCM) experienced a notable decline in short interest during December. As of December 15th, the short interest amounted to 3,800 shares, representing a substantial reduction of 52.5% compared to the 8,000 shares reported on November 30th. With an average daily trading volume of 17,600 shares, the current days-to-cover ratio stands at 0.2 days.
AGNC Investment Price Performance
On a recent Friday, AGNCM opened at a price of $25.52. The company's fifty-day simple moving average is $25.19, while its 200-day simple moving average also stands at $25.19. Over the past year, AGNC Investment has reached a low of $23.51 and a high of $25.85.
AGNC Investment Announces Dividend Cut
The company has also announced a quarterly dividend which is set to be paid on January 15th. Shareholders on record as of January 1st will receive a dividend of $0.5904. The ex-dividend date for this payment is December 31st. This translates to an annualized dividend of $2.36 and a dividend yield of 9.25%.
About AGNC Investment Corp.
AGNC Investment Corp. is a firm that provides private capital to the housing market in the United States. The company primarily invests in residential mortgage pass-through securities and collateralized mortgage obligations that are guaranteed by government-sponsored enterprises or by U.S. government agencies.
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