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

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a large increase in short interest in the month of 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. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 1,326 shares, the short-interest ratio is presently 1.8 days.

SPDR Galaxy Digital Asset Ecosystem ETF Price Performance

Shares of SPDR Galaxy Digital Asset Ecosystem ETF stock opened at $72.81 on Wednesday. The business has a 50-day simple moving average of $77.08 and a 200 day simple moving average of $60.98. SPDR Galaxy Digital Asset Ecosystem ETF has a one year low of $36.35 and a one year high of $84.75. The firm has a market capitalization of $22.57 million, a price-to-earnings ratio of -21.04 and a beta of 3.65.

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.