SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Up 75.5% in May

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,698 shares, a growth of 75.5% from the April 30th total of 1,537 shares. Based on an average trading volume of 731 shares, the short-interest ratio is currently 3.7 days. Currently, 0.9% of the company’s stock are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Up 3.8%

Shares of SPDR Galaxy Digital Asset Ecosystem ETF stock traded up $3.02 on Tuesday, reaching $81.86. 4,413 shares of the stock were exchanged, compared to its average volume of 1,288. SPDR Galaxy Digital Asset Ecosystem ETF has a twelve month low of $29.88 and a twelve month high of $82.25. The firm has a market capitalization of $24.56 million, a price-to-earnings ratio of -23.66 and a beta of 3.68. The business has a 50 day moving average price of $58.22 and a two-hundred day moving average price of $52.52.

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.