abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Short Interest Update

abrdn Physical Silver Shares ETF (NYSEARCA:SIVRGet Free Report) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,174,896 shares, a decrease of 24.3% from the December 31st total of 1,552,092 shares. Based on an average daily volume of 5,796,097 shares, the short-interest ratio is currently 0.2 days. Approximately 1.5% of the shares of the stock are short sold. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 5,796,097 shares, the short-interest ratio is currently 0.2 days.

Key Headlines Impacting abrdn Physical Silver Shares ETF

Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:

abrdn Physical Silver Shares ETF Stock Performance

Shares of abrdn Physical Silver Shares ETF stock traded up $4.66 during midday trading on Tuesday, reaching $80.76. The company had a trading volume of 6,954,673 shares, compared to its average volume of 7,799,887. The stock has a fifty day simple moving average of $72.24 and a 200 day simple moving average of $52.68. abrdn Physical Silver Shares ETF has a 1-year low of $27.86 and a 1-year high of $115.26.

Institutional Trading of abrdn Physical Silver Shares ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB lifted its position in abrdn Physical Silver Shares ETF by 245.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 393 shares during the period. Stone House Investment Management LLC acquired a new position in abrdn Physical Silver Shares ETF in the second quarter valued at approximately $28,000. CoreFirst Bank & Trust bought a new position in abrdn Physical Silver Shares ETF in the second quarter valued at approximately $48,000. AdvisorNet Financial Inc grew its holdings in abrdn Physical Silver Shares ETF by 48.1% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock worth $53,000 after acquiring an additional 386 shares during the period. Finally, Comerica Bank raised its position in shares of abrdn Physical Silver Shares ETF by 37.5% during the 3rd quarter. Comerica Bank now owns 2,409 shares of the company’s stock valued at $107,000 after acquiring an additional 657 shares during the last quarter.

About abrdn Physical Silver Shares ETF

(Get Free Report)

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.

Featured Stories

Receive News & Ratings for abrdn Physical Silver Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Silver Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.