SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Sees Significant Growth in Short Interest

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 804 shares, an increase of 71.1% from the September 15th total of 470 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 592 shares, the days-to-cover ratio is currently 1.4 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

NASDAQ:DECO traded down $0.59 during midday trading on Thursday, reaching $61.01. 965 shares of the stock traded hands, compared to its average volume of 1,187. SPDR Galaxy Digital Asset Ecosystem ETF has a 12-month low of $41.69 and a 12-month high of $84.75. The business has a 50-day moving average of $73.17 and a two-hundred day moving average of $70.18. The stock has a market capitalization of $17.69 million, a PE ratio of -17.63 and a beta of 3.61.

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.