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

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 101 shares, a drop of 87.0% from the July 15th total of 779 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,055 shares, the days-to-cover ratio is currently 0.1 days.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Stock Up 0.0%

NASDAQ HECO traded up $0.00 during trading hours on Friday, reaching $63.14. The company’s stock had a trading volume of 52 shares, compared to its average volume of 3,082. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 1 year low of $33.71 and a 1 year high of $74.28. The company has a market capitalization of $80.82 million, a price-to-earnings ratio of 23.72 and a beta of 3.24. The firm’s 50-day moving average price is $65.76 and its 200-day moving average price is $54.35.

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.