GraniteShares Platinum Trust Price & Performance (PLTM)

GraniteShares Platinum Trust (PLTM) saw its short borrow fee rate spike sharply to 13.17% on April 23, up from 5.70% just two days prior. This significant jump in borrowing costs signals increased short-selling activity and may reflect shifting investor sentiment toward the platinum ETF.12

The GraniteShares Platinum Trust (PLTM) has climbed 5.1% since the start of 2025, trading at $9.24 per share as of April 22. Despite recent price swings and a net expense ratio of 0.50%, the ETF’s focus on physically backed platinum continues to attract investors seeking diversified commodity exposure.34

Recent technical analysis of GraniteShares Platinum Trust (PLTM) reveals a bearish outlook, with key moving averages and oscillators suggesting caution. The ETF’s overall technical score remains below neutral, indicating subdued momentum and a lack of clear upward trend in platinum prices for now.51