Short Interest in SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Decreases By 73.9%

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 770 shares, a drop of 73.9% from the June 15th total of 2,945 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 1,257 shares, the days-to-cover ratio is presently 0.6 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

DECO traded down $0.42 on Tuesday, reaching $74.45. The company had a trading volume of 2,036 shares, compared to its average volume of 1,434. The stock has a market cap of $20.85 million, a P/E ratio of -21.52 and a beta of 3.65. SPDR Galaxy Digital Asset Ecosystem ETF has a fifty-two week low of $36.35 and a fifty-two week high of $84.75. The company’s fifty day moving average is $75.19 and its 200 day moving average is $58.87.

SPDR Galaxy Digital Asset Ecosystem ETF Company Profile

The SPDR Galaxy Digital Asset Ecosystem ETF (DECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation by investing in companies positioned to capitalize on opportunities within the blockchain and crypto industries, while also gaining crypto exposure through ETFs and futures contracts. DECO was launched on Sep 9, 2024 and is issued by State Street.