Short Interest in SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Rises By 60.8%

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 730 shares, a growth of 60.8% from the February 12th total of 454 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 256 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily volume of 256 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.0% of the company’s shares are sold short.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Trading Down 2.0%

NASDAQ HECO traded down $0.83 during trading hours on Friday, reaching $41.35. The company had a trading volume of 9 shares, compared to its average volume of 727. The stock has a 50-day moving average of $44.18 and a 200 day moving average of $42.51. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 1-year low of $21.46 and a 1-year high of $47.79. The stock has a market capitalization of $68.64 million, a P/E ratio of 23.72 and a beta of 2.89.

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.