Short Interest in SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Drops By 92.4%

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 53 shares, a decline of 92.4% from the January 15th total of 701 shares. Based on an average daily volume of 347 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 347 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Stock Up 0.4%

Shares of SPDR Galaxy Hedged Digital Asset Ecosystem ETF stock traded up $0.18 on Tuesday, hitting $44.07. 2,581 shares of the company’s stock traded hands, compared to its average volume of 1,092. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 52-week low of $21.46 and a 52-week high of $47.79. The stock has a market cap of $73.16 million, a P/E ratio of 23.72 and a beta of 2.89. The firm’s 50-day moving average is $43.59 and its 200 day moving average is $41.26.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Company Profile

The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) 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. The fund also uses an options overlay strategy. HECO was launched on Sep 9, 2024 and is issued by State Street.