AXS Astoria Real Assets ETF (NASDAQ:PPI) Sees Large Drop in Short Interest

Posted by James Quigley on Sep 18th, 2026

AXS Astoria Real Assets ETF (NASDAQ:PPI – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 35,856 shares, a drop of 36.9% from the August 15th total of 56,846 shares. Based on an average trading volume of 24,090 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Trading of AXS Astoria Real Assets ETF

A hedge fund recently bought a new position in AXS Astoria Real Assets ETF stock. Sound Income Strategies LLC purchased a new stake in shares of AXS Astoria Real Assets ETF (NASDAQ:PPI – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,486 shares of the company’s stock, valued at approximately $94,000. Sound Income Strategies LLC owned approximately 0.06% of AXS Astoria Real Assets ETF as of its most recent SEC filing.

AXS Astoria Real Assets ETF Price Performance

PPI stock traded down $0.12 on Friday, hitting $20.60. 10,510 shares of the company were exchanged, compared to its average volume of 40,431. AXS Astoria Real Assets ETF has a twelve month low of $17.71 and a twelve month high of $22.44. The business’s fifty day moving average is $21.25 and its two-hundred day moving average is $21.35. The stock has a market capitalization of $153.47 million, a price-to-earnings ratio of 17.44 and a beta of 0.85.

AXS Astoria Real Assets ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 25th were issued a $0.1157 dividend. The ex-dividend date was Thursday, June 25th. This is an increase from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.06. This represents a $0.46 dividend on an annualized basis and a yield of 2.2%.

About AXS Astoria Real Assets ETF

(Get Free Report)

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.