08:27 AM EDT, 06/04/2024 (MT Newswires) -- Axos Financial's ( AX ) "exposure to the riskiest asset classes, its lax underwriting standards, and glaring issues with its portfolio indicate that the company faces significant stress ahead," Hindenburg Research said in a note Tuesday.

As a result, Hindenburg has taken a short position in shares of Axos, according to the note.

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