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

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 269,400 shares, a growth of 101.0% from the September 15th total of 134,000 shares. Based on an average daily trading volume, of 53,400 shares, the short-interest ratio is presently 5.0 days. Based on an average daily trading volume, of 53,400 shares, the short-interest ratio is presently 5.0 days.

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

Several institutional investors have recently modified their holdings of GLTR. Costello Asset Management INC purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF during the first quarter valued at $26,000. US Bancorp DE purchased a new position in abrdn Physical Precious Metals Basket Shares ETF in the first quarter worth about $26,000. Ameritas Advisory Services LLC purchased a new position in abrdn Physical Precious Metals Basket Shares ETF in the second quarter worth about $29,000. IFP Advisors Inc boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 100.0% in the second quarter. IFP Advisors Inc now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 123 shares during the last quarter. Finally, Allworth Financial LP boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 176.4% in the second quarter. Allworth Financial LP now owns 409 shares of the company’s stock worth $57,000 after purchasing an additional 261 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Down 3.2%

abrdn Physical Precious Metals Basket Shares ETF stock opened at $181.87 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $108.71 and a one year high of $189.18. The business’s fifty day moving average is $156.53 and its 200 day moving average is $143.24.

abrdn Physical Precious Metals Basket Shares ETF Company Profile