SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Down 49.5% in April

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,537 shares, a decrease of 49.5% from the April 15th total of 3,041 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,360 shares, the days-to-cover ratio is presently 1.1 days.

SPDR Galaxy Digital Asset Ecosystem ETF Price Performance

NASDAQ:DECO opened at $68.13 on Monday. The firm’s 50-day moving average price is $52.69 and its 200-day moving average price is $51.10. The company has a market capitalization of $20.44 million, a PE ratio of -19.69 and a beta of 3.41. SPDR Galaxy Digital Asset Ecosystem ETF has a 1-year low of $29.46 and a 1-year high of $70.38.

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.