Short Interest in SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Rises By 14,533.3%

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 439 shares, an increase of 14,533.3% from the January 15th total of 3 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,376 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 2,376 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Trading Up 3.0%

SPDR Galaxy Digital Asset Ecosystem ETF stock traded up $1.44 during midday trading on Tuesday, reaching $49.60. The stock had a trading volume of 139 shares, compared to its average volume of 1,812. The company has a fifty day moving average price of $50.23 and a two-hundred day moving average price of $47.67. SPDR Galaxy Digital Asset Ecosystem ETF has a 12 month low of $20.76 and a 12 month high of $56.87. The company has a market capitalization of $13.89 million, a P/E ratio of -14.33 and a beta of 3.76.

SPDR Galaxy Digital Asset Ecosystem ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $0.5253 dividend. This represents a dividend yield of 113.0%. The ex-dividend date was Monday, December 29th. SPDR Galaxy Digital Asset Ecosystem ETF’s dividend payout ratio (DPR) is currently -15.03%.

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.