Short Interest in SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Expands By 65.4%

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,487 shares, a growth of 65.4% from the August 15th total of 1,504 shares. Based on an average daily volume of 689 shares, the short-interest ratio is currently 3.6 days. Currently, 0.9% of the shares of the company are short sold.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Up 2.1%

Shares of NASDAQ DECO opened at $71.65 on Thursday. The business’s 50 day moving average price is $73.67 and its two-hundred day moving average price is $66.49. The company has a market cap of $71.58 million, a PE ratio of -20.71 and a beta of 3.63. SPDR Galaxy Digital Asset Ecosystem ETF has a twelve month low of $41.69 and a twelve month high of $84.75.

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.