AGNC Investment Corp. (NASDAQ:AGNCM) Short Interest Up 639.5% in January

AGNC Investment Corp. (NASDAQ:AGNCM) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 28,100 shares, a growth of 639.5% from the December 31st total of 3,800 shares. Based on an average daily trading volume, of 17,000 shares, the days-to-cover ratio is currently 1.7 days.

AGNC Investment Price Performance

NASDAQ AGNCM traded up $0.07 during trading hours on Tuesday, hitting $25.32. The company’s stock had a trading volume of 10,072 shares, compared to its average volume of 12,309. AGNC Investment has a 52 week low of $24.21 and a 52 week high of $25.85. The company’s 50-day simple moving average is $25.28 and its two-hundred day simple moving average is $25.19.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a dividend of $0.5904 per share. This represents a $2.36 dividend on an annualized basis and a yield of 9.33%. The ex-dividend date was Tuesday, December 31st.

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.