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

AXS Astoria Real Assets ETF (NASDAQ:PPI) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 10,498 shares, a decrease of 74.8% from the April 30th total of 41,691 shares. Based on an average trading volume of 30,759 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

AXS Astoria Real Assets ETF Stock Down 0.7%

Shares of AXS Astoria Real Assets ETF stock traded down $0.16 during trading hours on Friday, hitting $21.61. The company’s stock had a trading volume of 81,782 shares, compared to its average volume of 50,528. AXS Astoria Real Assets ETF has a 1-year low of $15.45 and a 1-year high of $22.44. The business has a fifty day moving average of $21.53 and a 200 day moving average of $20.34. The company has a market capitalization of $156.24 million, a PE ratio of 17.44 and a beta of 0.88.

AXS Astoria Real Assets ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 25th were given a $0.0605 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This is an increase from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 1.1%.

Institutional Trading of AXS Astoria Real Assets ETF

Several large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new stake in AXS Astoria Real Assets ETF in the fourth quarter valued at approximately $3,899,000. Vermillion & White Wealth Management Group LLC grew its position in AXS Astoria Real Assets ETF by 4.2% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 188,372 shares of the company’s stock valued at $3,548,000 after acquiring an additional 7,590 shares in the last quarter. Cascades Capital Asset Management LLC grew its position in AXS Astoria Real Assets ETF by 49.1% in the fourth quarter. Cascades Capital Asset Management LLC now owns 61,723 shares of the company’s stock valued at $1,150,000 after acquiring an additional 20,323 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in AXS Astoria Real Assets ETF in the third quarter valued at approximately $326,000. Finally, Sound Income Strategies LLC acquired a new stake in AXS Astoria Real Assets ETF in the first quarter valued at approximately $94,000.

About AXS Astoria Real Assets ETF

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.