SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Short Interest Down 94.5% in June

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 22 shares, a decline of 94.5% from the May 31st total of 397 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 103,387 shares, the short-interest ratio is presently 0.0 days.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Price Performance

Shares of HECO traded down $0.75 during mid-day trading on Friday, hitting $66.12. The company’s stock had a trading volume of 334 shares, compared to its average volume of 3,744. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a fifty-two week low of $31.75 and a fifty-two week high of $71.01. The firm has a 50-day moving average price of $59.84 and a 200 day moving average price of $48.96. The stock has a market capitalization of $115.05 million, a price-to-earnings ratio of 23.72 and a beta of 3.24.

About SPDR Galaxy Hedged Digital Asset Ecosystem ETF

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.