AGNC Investment Corp. (NASDAQ:AGNCN) Sees Large Increase in Short Interest

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

AGNC Investment Price Performance

NASDAQ:AGNCN opened at $25.84 on Tuesday. AGNC Investment has a one year low of $23.67 and a one year high of $26.08. The firm has a 50-day moving average of $25.77 and a 200-day moving average of $25.69.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be paid a $0.681 dividend. The ex-dividend date is Tuesday, October 1st. This is an increase from AGNC Investment’s previous quarterly dividend of $0.68. This represents a $2.72 annualized dividend and a dividend yield of 10.54%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC acquired a new position in shares of AGNC Investment Corp. (NASDAQ:AGNCN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 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.