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 significant decline in short interest in April. As of April 30th, there was short interest totaling 16,366 shares, a decline of 42.7% from the April 15th total of 28,563 shares. Based on an average daily trading volume, of 53,806 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

A number of institutional investors have recently bought and sold shares of the company. Merit Financial Group LLC boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 0.6% during the fourth quarter. Merit Financial Group LLC now owns 9,315 shares of the company’s stock valued at $1,915,000 after purchasing an additional 51 shares during the last quarter. AdvisorNet Financial Inc boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 3.9% during the first quarter. AdvisorNet Financial Inc now owns 1,475 shares of the company’s stock valued at $323,000 after purchasing an additional 56 shares during the last quarter. Eagle Bay Advisors LLC boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 2.9% during the first quarter. Eagle Bay Advisors LLC now owns 2,200 shares of the company’s stock valued at $481,000 after purchasing an additional 63 shares during the last quarter. Sowell Financial Services LLC boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 3.9% during the fourth quarter. Sowell Financial Services LLC now owns 1,738 shares of the company’s stock valued at $357,000 after purchasing an additional 65 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 4.0% during the fourth quarter. Principal Securities Inc. now owns 1,698 shares of the company’s stock valued at $349,000 after purchasing an additional 65 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

Shares of GLTR stock traded up $1.39 on Monday, reaching $216.99. 43,308 shares of the company’s stock traded hands, compared to its average volume of 136,138. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $129.91 and a 12-month high of $295.44. The business’s 50 day moving average price is $222.22 and its two-hundred day moving average price is $216.41.

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.