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

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 439 shares, a growth of 14,533.3% from the January 15th total of 3 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 2,376 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 2,376 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Up 0.7%

SPDR Galaxy Digital Asset Ecosystem ETF stock opened at $49.98 on Thursday. SPDR Galaxy Digital Asset Ecosystem ETF has a 52 week low of $20.76 and a 52 week high of $56.87. The firm’s 50-day simple moving average is $50.22 and its 200 day simple moving average is $47.75. The firm has a market capitalization of $13.99 million, a PE ratio of -14.44 and a beta of 3.76.

SPDR Galaxy Digital Asset Ecosystem ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were issued 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 dividend payout ratio is -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.