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

AXS Astoria Real Assets ETF (NASDAQ:PPI – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 21,321 shares, a growth of 68.8% from the June 30th total of 12,631 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 25,799 shares, the days-to-cover ratio is currently 0.8 days.

AXS Astoria Real Assets ETF Price Performance

AXS Astoria Real Assets ETF stock opened at $21.18 on Friday. The stock has a market capitalization of $156.94 million, a PE ratio of 17.44 and a beta of 0.85. The business has a 50 day simple moving average of $21.26 and a 200-day simple moving average of $21.17. AXS Astoria Real Assets ETF has a 12 month low of $16.75 and a 12 month high of $22.44.

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AXS Astoria Real Assets ETF Increases Dividend

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

Hedge Funds Weigh In On AXS Astoria Real Assets ETF

Large investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC purchased a new position in AXS Astoria Real Assets ETF during the fourth quarter valued at $3,899,000. Cascades Capital Asset Management LLC increased its stake in shares of AXS Astoria Real Assets ETF by 49.1% during the fourth quarter. Cascades Capital Asset Management LLC now owns 61,723 shares of the company’s stock worth $1,150,000 after purchasing an additional 20,323 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in shares of AXS Astoria Real Assets ETF during the 3rd quarter worth about $326,000. Vermillion & White Wealth Management Group LLC lifted its stake in AXS Astoria Real Assets ETF by 4.2% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 188,372 shares of the company’s stock valued at $3,548,000 after buying an additional 7,590 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new position in AXS Astoria Real Assets ETF in the 1st quarter valued at about $94,000.

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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