AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 7,300 shares, a drop of 34.8% from the September 15th total of 11,200 shares. Based on an average daily trading volume, of 16,400 shares, the short-interest ratio is presently 0.4 days.
AGNC Investment Stock Performance
AGNCM stock opened at $24.98 on Friday. AGNC Investment has a fifty-two week low of $20.48 and a fifty-two week high of $25.85. The business’s fifty day moving average price is $25.21 and its two-hundred day moving average price is $25.07.
AGNC Investment Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be paid a $0.6312 dividend. The ex-dividend date is Tuesday, October 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.63. This represents a $2.52 annualized dividend and a yield of 10.11%.
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.
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