AGNC Investment Corp. (NASDAQ:AGNCN) Sees Significant Growth in Short Interest

AGNC Investment Corp. (NASDAQ:AGNCN) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 10,800 shares, an increase of 13.7% from the August 31st total of 9,500 shares. Based on an average daily trading volume, of 18,200 shares, the days-to-cover ratio is presently 0.6 days.

AGNC Investment Trading Up 0.5 %

AGNCN opened at $25.90 on Friday. AGNC Investment has a twelve month low of $23.67 and a twelve month high of $26.08. The company has a fifty day moving average of $25.77 and a 200-day moving average of $25.69.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be issued a $0.681 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 10.52%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Tuesday, October 1st.

Institutional Investors Weigh In On AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC purchased a new position in AGNC Investment Corp. (NASDAQ:AGNCN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,700 shares of the company’s stock, valued at approximately $304,000.

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.