SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Up 208.3% in July

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,374 shares, an increase of 208.3% from the June 30th total of 770 shares. Based on an average daily volume of 1,326 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the company’s shares are short sold.

SPDR Galaxy Digital Asset Ecosystem ETF Price Performance

NASDAQ:DECO opened at $76.02 on Monday. The firm has a market capitalization of $23.57 million, a price-to-earnings ratio of -21.97 and a beta of 3.65. The company’s 50-day moving average is $76.83 and its two-hundred day moving average is $60.67. SPDR Galaxy Digital Asset Ecosystem ETF has a 1-year low of $36.35 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.