Short Interest in SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Expands By 756.6%

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 454 shares, an increase of 756.6% from the January 29th total of 53 shares. Based on an average daily trading volume, of 598 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 598 shares, the short-interest ratio is currently 0.8 days.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Stock Performance

Shares of HECO traded up $0.81 during trading hours on Wednesday, hitting $44.86. 842 shares of the stock were exchanged, compared to its average volume of 869. The stock’s 50-day moving average price is $43.77 and its two-hundred day moving average price is $41.95. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 12-month low of $21.46 and a 12-month high of $47.79. The company has a market cap of $74.47 million, a price-to-earnings ratio of 23.72 and a beta of 2.89.

About SPDR Galaxy Hedged Digital Asset Ecosystem ETF

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.