AGNC Investment Corp. (NASDAQ:AGNCO) Short Interest Up 287.6% in January

AGNC Investment Corp. (NASDAQ:AGNCO) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 50,000 shares, an increase of 287.6% from the December 31st total of 12,900 shares. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is presently 1.1 days.

AGNC Investment Stock Up 0.1 %

Shares of AGNCO traded up $0.03 during midday trading on Tuesday, hitting $25.39. 15,211 shares of the company traded hands, compared to its average volume of 34,056. AGNC Investment has a 52 week low of $24.01 and a 52 week high of $25.69. The firm has a 50 day moving average of $25.39 and a 200-day moving average of $25.19.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a dividend of $0.6326 per share. This represents a $2.53 annualized dividend and a yield of 9.97%. The ex-dividend date was Tuesday, December 31st. This is a boost from AGNC Investment’s previous quarterly dividend of $0.41.

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.