AXS Astoria Real Assets ETF (NASDAQ:PPI – Get Free Report) was the target of a large drop in short interest in 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 stock are sold short.
Institutional Investors Weigh In On AXS Astoria Real Assets ETF
An institutional investor recently bought a new stake in AXS Astoria Real Assets ETF stock. Sound Income Strategies LLC bought a new stake in AXS Astoria Real Assets ETF (NASDAQ:PPI – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,486 shares of the company’s stock, valued at approximately $94,000. Sound Income Strategies LLC owned 0.06% of AXS Astoria Real Assets ETF at the end of the most recent reporting period.
AXS Astoria Real Assets ETF Price Performance
PPI opened at $20.68 on Wednesday. The company has a market capitalization of $165.42 million, a price-to-earnings ratio of 17.44 and a beta of 0.85. The firm’s fifty day moving average price is $21.26 and its two-hundred day moving average price is $21.37. AXS Astoria Real Assets ETF has a 1 year low of $17.71 and a 1 year high of $22.44.
AXS Astoria Real Assets ETF Increases Dividend
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.
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