AXS Astoria Real Assets ETF (NASDAQ:PPI – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 35,856 shares, a decline of 36.9% from the August 15th total of 56,846 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 24,090 shares, the short-interest ratio is presently 1.5 days.
AXS Astoria Real Assets ETF Stock Up 0.2%
NASDAQ 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. AXS Astoria Real Assets ETF has a twelve month low of $17.71 and a twelve month high of $22.44. The stock has a fifty day simple moving average of $21.26 and a 200 day simple moving average of $21.37.
AXS Astoria Real Assets ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 25th were given a $0.1157 dividend. This is a boost from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Thursday, June 25th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.2%.
Hedge Funds Weigh In On AXS Astoria Real Assets ETF
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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