SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Sees Significant Increase in Short Interest

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,433 shares, an increase of 334.2% from the February 12th total of 330 shares. Based on an average trading volume of 1,281 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 1,281 shares, the days-to-cover ratio is presently 1.1 days.

SPDR Galaxy Digital Asset Ecosystem ETF Trading Down 2.3%

Shares of NASDAQ DECO opened at $47.10 on Friday. SPDR Galaxy Digital Asset Ecosystem ETF has a 12-month low of $20.76 and a 12-month high of $56.87. The company has a market cap of $13.19 million, a PE ratio of -13.61 and a beta of 3.76. The stock has a 50 day simple moving average of $50.45 and a 200-day simple moving average of $49.25.

SPDR Galaxy Digital Asset Ecosystem ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $0.5253 dividend. This represents a dividend yield of 113.0%. The ex-dividend date of this dividend was Monday, December 29th. SPDR Galaxy Digital Asset Ecosystem ETF’s payout ratio is currently -15.03%.

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.