SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Short Interest Down 87.0% in July

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 101 shares, a decrease of 87.0% from the July 15th total of 779 shares. Based on an average daily trading volume, of 1,055 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Trading Up 0.0%

Shares of NASDAQ:HECO traded up $0.00 on Wednesday, reaching $62.91. 117 shares of the company traded hands, compared to its average volume of 3,122. The business’s 50-day simple moving average is $65.96 and its 200 day simple moving average is $54.12. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 52 week low of $33.71 and a 52 week high of $74.28. The stock has a market capitalization of $80.53 million, a P/E ratio of 23.72 and a beta of 3.24.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Company Profile

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.