Not too worry because a lot of this selling pressure comes from sorts/puts and those betting that the dividend will be cut in December. When that doesn't happen, the price will bounce quickly back to the $33 area.
That's what I'm betting.
AGNC also may be delaying the div. declaration and letting the stock drop for further buybacks.
Somewhere between today and the 19th is the normal div. declaration window.
Any day now AGNC will declare 1.25, then a 33-34pps still may not be out of the question this quarter.
I hope that helps you Olie.