SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) Shares Shorted: Short Interest Down 63.5% in October

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 35 shares, a decrease of 63.5% from the September 30th total of 96 shares. Based on an average daily trading volume, of 133 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Trading Down 5.3%

SPDR Galaxy Hedged Digital Asset Ecosystem ETF stock traded down $2.75 during trading hours on Friday, hitting $49.12. 13 shares of the stock traded hands, compared to its average volume of 2,337. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a one year low of $37.57 and a one year high of $74.28. The firm’s 50-day moving average price is $60.96 and its two-hundred day moving average price is $55.84. The company has a market cap of $62.88 million, a PE ratio of 23.72 and a beta of 3.15.

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.