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

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 71,541 shares, a drop of 26.5% from the February 26th total of 97,369 shares. Based on an average daily volume of 103,154 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the shares of the company are sold short.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 0.2%

NYSEARCA GLTR opened at $208.34 on Tuesday. The business’s fifty day moving average is $237.20 and its 200 day moving average is $204.13. abrdn Physical Precious Metals Basket Shares ETF has a fifty-two week low of $119.45 and a fifty-two week high of $295.44.

Institutional Inflows and Outflows

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