AGNC Investment Corp. (NASDAQ:AGNCL) Short Interest Up 54.6% in January

by · The Cerbat Gem

AGNC Investment Corp. (NASDAQ:AGNCL – Get Free Report) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 12,185 shares, an increase of 54.6% from the December 31st total of 7,881 shares. Based on an average trading volume of 11,964 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 11,964 shares, the short-interest ratio is currently 1.0 days.

AGNC Investment Stock Performance

Shares of AGNCL opened at $25.11 on Friday. The stock’s 50-day moving average price is $24.85 and its 200 day moving average price is $24.89. AGNC Investment has a 12-month low of $22.84 and a 12-month high of $26.59.

AGNC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were given a dividend of $0.4844 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%.

AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.

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