ZIG - Axos Fights Back Against Short Seller's 'Evergreening' Allegations | Benzinga
Axos Financial, Inc. (NYSE:AX) responded to Hindenburg Research’s short report, stating the short seller made a series of misleading, incomplete and false allegations.
The company said in a Tuesday SEC filing that its last earnings call provided a detailed credit update, and there have been no material changes in credit performance since then.
As disclosed in the investor presentation filed with the SEC on May 7, 2024, Axos’ largest commercial real estate portfolio, CRE Specialty Lending, had $5.22 billion in outstanding balances as of March 31, 2024, according to the company.
The company says that when ...