AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Down 31.0% in December

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 25,100 shares, a decline of 31.0% from the November 30th total of 36,400 shares. Based on an average daily trading volume, of 26,000 shares, the short-interest ratio is presently 1.0 days.

AGNC Investment Price Performance

Shares of AGNCN traded up $0.06 during trading hours on Monday, reaching $25.83. The stock had a trading volume of 4,727 shares, compared to its average volume of 23,762. The firm has a 50-day simple moving average of $25.70 and a 200 day simple moving average of $25.71. AGNC Investment has a 12 month low of $24.94 and a 12 month high of $26.08.

AGNC Investment Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a $0.6402 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 9.91%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.