AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 28,100 shares, a growth of 639.5% from the December 15th total of 3,800 shares. Based on an average daily volume of 17,000 shares, the short-interest ratio is currently 1.7 days.
AGNC Investment Price Performance
Shares of AGNCM opened at $25.05 on Wednesday. The company’s 50-day moving average is $25.25 and its 200-day moving average is $25.18. AGNC Investment has a fifty-two week low of $24.05 and a fifty-two week high of $25.85.
AGNC Investment Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a $0.5904 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 9.43%.
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.
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