AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 9,500 shares, a decline of 22.8% from the August 15th total of 12,300 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 0.6 days.
Institutional Investors Weigh In On AGNC Investment
A hedge fund recently bought a new stake in AGNC Investment stock. Cove Street Capital LLC purchased a new stake in shares of AGNC Investment Corp. (NASDAQ:AGNCN – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,700 shares of the company’s stock, valued at approximately $304,000.
AGNC Investment Trading Up 0.0 %
Shares of AGNCN stock opened at $25.99 on Monday. AGNC Investment has a fifty-two week low of $23.67 and a fifty-two week high of $26.18. The stock has a 50 day moving average price of $25.72 and a two-hundred day moving average price of $25.68.
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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