SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Up 208.3% in July

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,374 shares, an increase of 208.3% from the June 30th total of 770 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 1,326 shares, the days-to-cover ratio is presently 1.8 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Up 1.4%

Shares of SPDR Galaxy Digital Asset Ecosystem ETF stock opened at $76.02 on Monday. SPDR Galaxy Digital Asset Ecosystem ETF has a 52 week low of $36.35 and a 52 week high of $84.75. The business’s fifty day simple moving average is $76.83 and its 200-day simple moving average is $60.67. The firm has a market cap of $23.57 million, a PE ratio of -21.97 and a beta of 3.65.

About SPDR Galaxy Digital Asset Ecosystem ETF

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.