AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 90.8% in December

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 47,900 shares, an increase of 90.8% from the December 15th total of 25,100 shares. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is currently 1.9 days.

AGNC Investment Stock Up 0.5 %

AGNCN stock opened at $25.79 on Thursday. The company has a fifty day moving average price of $25.71 and a 200-day moving average price of $25.70. AGNC Investment has a 52-week low of $25.06 and a 52-week high of $26.08.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a $0.6402 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 9.93%.

About AGNC Investment

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.