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

AXS Astoria Real Assets ETF (NASDAQ:PPI) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 93,676 shares, a growth of 325.0% from the February 26th total of 22,041 shares. Based on an average trading volume of 71,973 shares, the short-interest ratio is presently 1.3 days. Approximately 2.0% of the company’s stock are sold short. Approximately 2.0% of the company’s stock are sold short. Based on an average trading volume of 71,973 shares, the short-interest ratio is presently 1.3 days.

AXS Astoria Real Assets ETF Stock Up 0.6%

Shares of NASDAQ PPI opened at $20.62 on Wednesday. The firm has a market cap of $98.56 million, a PE ratio of 17.44 and a beta of 0.92. AXS Astoria Real Assets ETF has a 12-month low of $12.47 and a 12-month high of $22.02. The company’s fifty day simple moving average is $20.77 and its 200 day simple moving average is $19.34.

Hedge Funds Weigh In On AXS Astoria Real Assets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PPI. Ameriprise Financial Inc. acquired a new stake in shares of AXS Astoria Real Assets ETF in the 3rd quarter valued at about $326,000. Flow Traders U.S. LLC increased its position in AXS Astoria Real Assets ETF by 32.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 50,412 shares of the company’s stock valued at $824,000 after buying an additional 12,467 shares in the last quarter. Cascades Capital Asset Management LLC raised its stake in AXS Astoria Real Assets ETF by 49.1% during the 4th quarter. Cascades Capital Asset Management LLC now owns 61,723 shares of the company’s stock worth $1,150,000 after buying an additional 20,323 shares during the period. Vermillion & White Wealth Management Group LLC raised its stake in AXS Astoria Real Assets ETF by 7.2% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 171,951 shares of the company’s stock worth $2,811,000 after buying an additional 11,526 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in AXS Astoria Real Assets ETF in the fourth quarter worth approximately $3,899,000.

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.