AXS Astoria Real Assets ETF (NASDAQ:PPI) Short Interest Update

AXS Astoria Real Assets ETF (NASDAQ:PPI) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 70,847 shares, an increase of 438.9% from the December 31st total of 13,146 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 21,318 shares, the short-interest ratio is presently 3.3 days. Based on an average daily volume of 21,318 shares, the short-interest ratio is presently 3.3 days. Currently, 1.5% of the shares of the stock are sold short.

AXS Astoria Real Assets ETF Stock Down 0.8%

Shares of NASDAQ PPI traded down $0.17 during trading on Thursday, hitting $20.68. The company had a trading volume of 50,293 shares, compared to its average volume of 29,268. The firm has a market capitalization of $95.75 million, a price-to-earnings ratio of 17.44 and a beta of 0.92. AXS Astoria Real Assets ETF has a fifty-two week low of $12.47 and a fifty-two week high of $21.06. The stock has a fifty day simple moving average of $19.02 and a two-hundred day simple moving average of $18.25.

AXS Astoria Real Assets ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Tuesday, December 23rd were given a $0.0493 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of AXS Astoria Real Assets ETF

Large investors have recently made changes to their positions in the company. Ameriprise Financial Inc. acquired a new stake in AXS Astoria Real Assets ETF during the 3rd quarter worth $326,000. Flow Traders U.S. LLC increased its position in AXS Astoria Real Assets ETF by 32.9% during the second quarter. Flow Traders U.S. LLC now owns 50,412 shares of the company’s stock worth $824,000 after purchasing an additional 12,467 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in AXS Astoria Real Assets ETF by 7.2% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 171,951 shares of the company’s stock valued at $2,811,000 after acquiring an additional 11,526 shares during the last quarter.

About AXS Astoria Real Assets ETF

The Investment Managers Series Trust II AXS Astoria Real Assets ETF (PPI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund seeking long-term capital appreciation by holding real asset-like investments expected to benefit from rising costs of goods and services. PPI was launched on Dec 30, 2021 and is issued by AXS Investments.