Short Interest in AGNC Investment Corp. (NASDAQ:AGNCN) Increases By 37.2%

AGNC Investment Corp. (NASDAQ:AGNCN) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 33,200 shares, an increase of 37.2% from the October 15th total of 24,200 shares. Based on an average daily volume of 24,300 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On AGNC Investment

An institutional investor recently bought a new position in AGNC Investment stock. Cove Street Capital LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNCN) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,700 shares of the company’s stock, valued at approximately $304,000.

AGNC Investment Stock Performance

NASDAQ:AGNCN opened at $25.68 on Friday. AGNC Investment has a 1-year low of $24.83 and a 1-year high of $26.08. The business has a 50 day moving average of $25.70 and a 200 day moving average of $25.71.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.681 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 10.61%.

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.