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

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 133,613 shares, an increase of 341.1% from the November 30th total of 30,291 shares. Based on an average daily volume of 92,783 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.1% of the shares of the company are sold short. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 92,783 shares, the days-to-cover ratio is presently 1.4 days.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 4.5%

NYSEARCA GLTR opened at $222.35 on Friday. abrdn Physical Precious Metals Basket Shares ETF has a twelve month low of $108.79 and a twelve month high of $222.54. The firm has a 50-day simple moving average of $184.89 and a 200 day simple moving average of $161.57.

Institutional Investors Weigh In On abrdn Physical Precious Metals Basket Shares ETF

Several institutional investors and hedge funds have recently bought and sold shares of GLTR. IFP Advisors Inc boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 799.6% in the 3rd quarter. IFP Advisors Inc now owns 2,213 shares of the company’s stock valued at $366,000 after purchasing an additional 1,967 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 311.6% in the third quarter. CIBC Private Wealth Group LLC now owns 1,136 shares of the company’s stock valued at $188,000 after buying an additional 860 shares in the last quarter. Captrust Financial Advisors grew its stake in abrdn Physical Precious Metals Basket Shares ETF by 1.6% during the third quarter. Captrust Financial Advisors now owns 39,081 shares of the company’s stock worth $6,466,000 after buying an additional 614 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF during the third quarter worth approximately $63,000. Finally, Vertex Planning Partners LLC increased its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 25.3% during the third quarter. Vertex Planning Partners LLC now owns 2,202 shares of the company’s stock worth $364,000 after buying an additional 444 shares in the last quarter.

About abrdn Physical Precious Metals Basket Shares ETF

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.