American Capital Agency (AGNC): Price Target and June Short Interest Disclosure

American Capital Agency (AGNC) : Average target price received by American Capital Agency (AGNC) is $20.5 with an expected standard deviation of $2. The most aggressive target on the stock is $22, whereas the most downbeat target is $16. 8 financial analysts are currently covering the stock.

American Capital Agency (AGNC) has seen a rise of 975,190 shares or 14.1% in the short interest. The remaining shorts are 2.4% of the total floated shares. The net short interest, as on June 30,2016, stood at 7,883,048 shares and the stocks days to cover will be 2 by factoring in the average per day volume of 4,209,047 shares. On June 15,2016, 6,907,858 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity Analysts at the Nomura downgrades the rating on American Capital Agency (NASDAQ:AGNC). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on July 8, 2016.


American Capital Agency (NASDAQ:AGNC): On Thursdays trading session , Opening price of the stock was $19.2 with an intraday high of $19.31. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.16. However, the stock managed to close at $19.195, a loss of 0.03% for the day. On the previous day, the stock had closed at $19.2. The total traded volume of the day was 2,199,903 shares.

American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.

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