SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Update

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 214 shares, a decline of 38.0% from the December 15th total of 345 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 761 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 761 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

SPDR Galaxy Digital Asset Ecosystem ETF Price Performance

Shares of NASDAQ DECO traded up $2.49 during midday trading on Friday, reaching $55.52. 3,587 shares of the stock were exchanged, compared to its average volume of 2,000. The business has a 50-day simple moving average of $49.18 and a two-hundred day simple moving average of $45.88. The company has a market capitalization of $16.10 million, a price-to-earnings ratio of -16.05 and a beta of 3.76. SPDR Galaxy Digital Asset Ecosystem ETF has a 12 month low of $20.76 and a 12 month high of $56.87.

SPDR Galaxy Digital Asset Ecosystem ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were issued a dividend of $0.5253 per share. The ex-dividend date was Monday, December 29th. This represents a yield of 113.0%. SPDR Galaxy Digital Asset Ecosystem ETF’s payout ratio is currently -1.44%.

SPDR Galaxy Digital Asset Ecosystem ETF Company Profile

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.