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 growth in short interest in February. As of February 27th, there was short interest totaling 97,369 shares, a growth of 43.5% from the February 12th total of 67,841 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 120,540 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 120,540 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the shares of the stock are sold short.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

abrdn Physical Precious Metals Basket Shares ETF stock opened at $233.49 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $119.45 and a 52 week high of $295.44. The company’s 50-day moving average price is $240.30 and its two-hundred day moving average price is $199.20.

Institutional Inflows and Outflows

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