SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Down 49.5% in April

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,537 shares, a decrease of 49.5% from the April 15th total of 3,041 shares. Based on an average daily trading volume, of 1,360 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the stock are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Down 3.2%

DECO stock traded down $2.24 during trading on Friday, reaching $68.13. The company’s stock had a trading volume of 391 shares, compared to its average volume of 1,254. SPDR Galaxy Digital Asset Ecosystem ETF has a 1 year low of $29.46 and a 1 year high of $70.38. The company has a market capitalization of $20.44 million, a P/E ratio of -19.69 and a beta of 3.41. The company’s fifty day moving average is $52.69 and its 200-day moving average is $51.14.

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.