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

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 81,150 shares, a decrease of 39.3% from the December 15th total of 133,613 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 157,025 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 157,025 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

Large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the 2nd quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in abrdn Physical Precious Metals Basket Shares ETF during the 3rd quarter valued at $32,000. IFP Advisors Inc grew its holdings in abrdn Physical Precious Metals Basket Shares ETF by 100.0% during the 2nd quarter. IFP Advisors Inc now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 123 shares in the last quarter. GGM Financials LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth about $38,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth about $39,000.

abrdn Physical Precious Metals Basket Shares ETF Trading Down 1.6%

Shares of GLTR traded down $3.74 during mid-day trading on Friday, reaching $233.44. 163,784 shares of the stock traded hands, compared to its average volume of 180,712. The stock has a fifty day simple moving average of $199.17 and a 200 day simple moving average of $170.25. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $113.56 and a 12-month high of $240.12.

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.