AGNC Investment Corp. (NASDAQ:AGNCN) Short Interest Up 142.3% in March

AGNC Investment Corp. (NASDAQ:AGNCN) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 93,300 shares, a growth of 142.3% from the March 15th total of 38,500 shares. Based on an average daily volume of 35,100 shares, the short-interest ratio is currently 2.7 days.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $24.85 on Tuesday. The business has a 50 day simple moving average of $25.72 and a two-hundred day simple moving average of $25.70. AGNC Investment has a 12 month low of $23.63 and a 12 month high of $26.59.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.605 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.42 dividend on an annualized basis and a yield of 9.74%.

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.