Stocks

AGNC Investment Corp. Short Interest Sees Significant Drop in December

Published December 29, 2024

AGNC Investment Corp. (NASDAQ:AGNCM) experienced a notable decline in short interest during December. As of December 15th, short interest stood at just 3,800 shares. This marks a substantial drop of 52.5% compared to the 8,000 shares shorted as of November 30th. Given the average daily volume of 17,600 shares, the current days-to-cover ratio is measured at 0.2 days.

AGNC Investment Price Performance

The stock opened at $25.52 on Friday. Its fifty-day simple moving average is $25.19, as is its 200-day simple moving average. Over the past year, AGNC Investment has recorded a low of $23.51 and a high of $25.85.

AGNC Investment Declares Dividend Cut

Recently, the company announced a quarterly dividend, which is scheduled to be paid on Wednesday, January 15th. Shareholders on record as of Wednesday, January 1st, will receive a dividend of $0.5904. The ex-dividend date is set for Tuesday, December 31st. This results in an annual dividend of $2.36, translating to a dividend yield of 9.25%.

About AGNC Investment

AGNC Investment Corp. provides capital to the housing market in the United States. The company primarily invests in residential mortgage pass-through securities and collateralized mortgage obligations that are guaranteed by government-sponsored enterprises or agencies of the United States.

AGNC Investment Corp. Short Interest Sees Significant Drop in December

AGNC Investment Price Performance

AGNC Investment Declares Dividend Cut

About AGNC Investment

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