AXS Astoria Real Assets ETF (NASDAQ:PPI – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 14,106 shares, a drop of 70.8% from the September 15th total of 48,389 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 29,042 shares, the days-to-cover ratio is presently 0.5 days.
AXS Astoria Real Assets ETF Stock Performance
PPI stock traded up $0.02 during trading on Monday, reaching $20.43. 19,945 shares of the company were exchanged, compared to its average volume of 39,263. The company has a market cap of $158.84 million, a P/E ratio of 17.44 and a beta of 0.85. AXS Astoria Real Assets ETF has a 52-week low of $17.71 and a 52-week high of $22.44. The stock’s 50 day moving average price is $21.02 and its 200 day moving average price is $21.27.
AXS Astoria Real Assets ETF Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.0683 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.27 annualized dividend and a dividend yield of 1.3%.
Institutional Investors Weigh In On AXS Astoria Real Assets ETF
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.
See Also
- Five stocks we like better than AXS Astoria Real Assets ETF
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for AXS Astoria Real Assets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXS Astoria Real Assets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
