Sell AGNC Investment - High Yield Cannot Compensate For Price-Per-Share Decline

What happened: A Seeking Alpha analyst initiated coverage of AGNC Investment Corp. with a sell recommendation, citing sector-wide underperformance and inadequate yields. Why it matters: The analyst argues AGNC and peers have failed to offset price declines with yields, and points to insider selling, rising short interest, negative economic return, and deteriorating tangible book value.

A Seeking Alpha analyst initiated coverage of AGNC Investment Corp. with a sell recommendation, citing sector-wide underperformance and inadequate yields.

The analyst argues AGNC and peers have failed to offset price declines with yields, and points to insider selling, rising short interest, negative economic return, and deteriorating tangible book value.