SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Shares Shorted: Short Interest Up 71.1% in September

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 804 shares, an increase of 71.1% from the September 15th total of 470 shares. Based on an average daily volume of 592 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the shares of the company are short sold.

SPDR Galaxy Digital Asset Ecosystem ETF Trading Down 6.2%

Shares of NASDAQ DECO traded down $3.88 during midday trading on Friday, reaching $58.47. 601 shares of the company were exchanged, compared to its average volume of 1,185. The stock has a fifty day simple moving average of $72.58 and a 200 day simple moving average of $70.23. The stock has a market cap of $16.96 million, a P/E ratio of -16.90 and a beta of 3.61. SPDR Galaxy Digital Asset Ecosystem ETF has a 1 year low of $41.69 and a 1 year 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.