abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Short Interest Update

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 451,937 shares, an increase of 432.7% from the January 15th total of 84,836 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average trading volume of 366,417 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 366,417 shares, the days-to-cover ratio is presently 1.2 days. Currently, 3.5% of the company’s stock are short sold.

abrdn Physical Precious Metals Basket Shares ETF Trading Down 1.9%

GLTR opened at $235.98 on Wednesday. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $117.50 and a one year high of $295.44. The business’s 50-day simple moving average is $222.31 and its 200-day simple moving average is $183.14.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

Institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC grew its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 97,103 shares of the company’s stock valued at $16,066,000 after buying an additional 15,670 shares during the last quarter. FAS Wealth Partners Inc. purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at $397,000. Global View Capital Management LLC acquired a new position in abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at $1,092,000. Advance Capital Management Inc. grew its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 5.6% during the third quarter. Advance Capital Management Inc. now owns 82,648 shares of the company’s stock worth $13,674,000 after purchasing an additional 4,368 shares during the last quarter. Finally, Blair William & Co. IL purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the second quarter worth about $246,000.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.