Stocks

AGNC Investment Corp. Short Interest Drops Sharply in December

Published December 29, 2024

AGNC Investment Corp. (NASDAQ:AGNCM) experienced a notable reduction in short interest during December. Reports indicate that as of December 15th, the total short interest stood at just 3,800 shares, which marks a substantial decrease of 52.5% from 8,000 shares reported at the end of November. Given the average daily trading volume of 17,600 shares, the current days-to-cover ratio is calculated to be 0.2 days.

AGNC Investment Price Trends

On Friday, AGNCM opened with a price of $25.52. The company's stock has seen a fifty-day simple moving average of $25.19, as well as a 200-day moving average of $25.19. Over the past year, AGNC Investment has recorded a low of $23.51 and a high of $25.85.

Dividend Announcement from AGNC Investment

Recently, AGNC Investment declared a quarterly dividend that will be distributed on January 15th. Shareholders who are on record as of January 1st will receive a dividend payment of $0.5904 per share. The ex-dividend date for this payment is set for December 31st. This dividend equates to an annualized amount of $2.36, producing a dividend yield of 9.25%.

Understanding AGNC Investment Corp.

AGNC Investment Corp. provides private capital to the U.S. housing market. It is involved in investing in residential mortgage pass-through securities and collateralized mortgage obligations, with principal and interest payments guaranteed by government-sponsored enterprises or U.S. government agencies.

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