SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Down 73.9% in June

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 770 shares, a drop of 73.9% from the June 15th total of 2,945 shares. Based on an average daily trading volume, of 1,257 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Down 1.4%

Shares of DECO traded down $1.06 during mid-day trading on Friday, hitting $76.38. The stock had a trading volume of 914 shares, compared to its average volume of 1,429. SPDR Galaxy Digital Asset Ecosystem ETF has a fifty-two week low of $36.35 and a fifty-two week high of $84.75. The company has a market cap of $21.39 million, a PE ratio of -22.07 and a beta of 3.65. The company’s fifty day simple moving average is $74.83 and its two-hundred day simple moving average is $58.68.

About SPDR Galaxy Digital Asset Ecosystem ETF

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.