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

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the target of a significant increase in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 1,326 shares, the short-interest ratio is presently 1.8 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Down 0.8%

NASDAQ:DECO traded down $0.59 during trading hours on Tuesday, hitting $72.81. 1,433 shares of the stock were exchanged, compared to its average volume of 1,400. The company has a market capitalization of $22.57 million, a P/E ratio of -21.04 and a beta of 3.65. The company’s 50 day moving average is $76.95 and its two-hundred day moving average is $60.82. SPDR Galaxy Digital Asset Ecosystem ETF has a twelve month low of $36.35 and a twelve month high of $84.75.

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.