AXS Astoria Real Assets ETF (NASDAQ:PPI) Shares Shorted: Short Interest Down 70.8% in September

AXS Astoria Real Assets ETF (NASDAQ:PPI) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,106 shares, a decrease of 70.8% from the September 15th total of 48,389 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 29,042 shares, the short-interest ratio is currently 0.5 days.

AXS Astoria Real Assets ETF Stock Up 0.3%

NASDAQ:PPI traded up $0.07 during midday trading on Tuesday, hitting $20.47. The stock had a trading volume of 36,892 shares, compared to its average volume of 39,286. AXS Astoria Real Assets ETF has a one year low of $17.71 and a one year high of $22.44. The company has a market capitalization of $159.15 million, a price-to-earnings ratio of 17.44 and a beta of 0.85. The stock has a 50-day moving average of $21.00 and a 200 day moving average of $21.27.

AXS Astoria Real Assets ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were given a dividend of $0.0683 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.3%.

Hedge Funds Weigh In On AXS Astoria Real Assets ETF

An institutional investor recently bought a new position in AXS Astoria Real Assets ETF stock. Sound Income Strategies LLC acquired a new position in AXS Astoria Real Assets ETF (NASDAQ:PPI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,486 shares of the company’s stock, valued at approximately $94,000. Sound Income Strategies LLC owned 0.06% of AXS Astoria Real Assets ETF at the end of the most recent reporting period.

AXS Astoria Real Assets ETF Company Profile

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.