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

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

An institutional investor recently bought a new position in AXS Astoria Real Assets ETF stock. Sound Income Strategies LLC acquired a new position in shares of AXS Astoria Real Assets ETF (NASDAQ:PPI – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,486 shares of the company’s stock, valued at approximately $94,000. Sound Income Strategies LLC owned about 0.06% of AXS Astoria Real Assets ETF as of its most recent filing with the Securities & Exchange Commission.

AXS Astoria Real Assets ETF Company Profile

(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.

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