SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 35 shares, a decrease of 63.5% from the September 30th total of 96 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 133 shares, the days-to-cover ratio is currently 0.3 days.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Stock Performance
HECO traded up $1.53 on Thursday, hitting $52.98. 41 shares of the company were exchanged, compared to its average volume of 2,359. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 12 month low of $37.57 and a 12 month high of $74.28. The stock has a market capitalization of $67.81 million, a PE ratio of 23.72 and a beta of 3.15. The firm has a fifty day simple moving average of $61.32 and a two-hundred day simple moving average of $55.76.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Company Profile
The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) 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. The fund also uses an options overlay strategy. HECO was launched on Sep 9, 2024 and is issued by State Street.
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