abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Sees Large Decline in Short Interest

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 67,841 shares, a decrease of 85.0% from the January 29th total of 451,937 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 197,210 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 197,210 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are sold short.

abrdn Physical Precious Metals Basket Shares ETF Stock Up 0.7%

abrdn Physical Precious Metals Basket Shares ETF stock traded up $1.66 during midday trading on Thursday, reaching $249.25. The stock had a trading volume of 96,492 shares, compared to its average volume of 221,683. The firm’s fifty day simple moving average is $231.96 and its 200-day simple moving average is $190.18. abrdn Physical Precious Metals Basket Shares ETF has a 1-year low of $117.50 and a 1-year high of $295.44.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

Institutional investors have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC bought a new position in abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at $32,000. Seneschal Advisors LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF during the 4th quarter worth about $40,000. GGM Financials LLC acquired a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the 3rd quarter worth about $38,000. Grey Fox Wealth Advisors LLC bought a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $39,000. Finally, Financial Network Wealth Advisors LLC acquired a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at about $52,000.

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.