SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Up 65.4% in August

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,487 shares, a growth of 65.4% from the August 15th total of 1,504 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 689 shares, the days-to-cover ratio is currently 3.6 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

NASDAQ DECO opened at $71.65 on Thursday. The stock has a market cap of $71.58 million, a PE ratio of -20.71 and a beta of 3.63. The firm has a 50-day moving average of $73.67 and a 200-day moving average of $66.49. SPDR Galaxy Digital Asset Ecosystem ETF has a 52-week low of $41.69 and a 52-week high of $84.75.

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.