Short Interest in SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Decreases By 38.0%

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 214 shares, a drop of 38.0% from the December 15th total of 345 shares. Based on an average daily trading volume, of 761 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 761 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

NASDAQ:DECO traded up $2.49 during mid-day trading on Friday, reaching $55.52. 3,587 shares of the company’s stock were exchanged, compared to its average volume of 2,000. SPDR Galaxy Digital Asset Ecosystem ETF has a one year low of $20.76 and a one year high of $56.87. The business’s fifty day simple moving average is $49.18 and its two-hundred day simple moving average is $45.88. The firm has a market capitalization of $16.10 million, a PE ratio of -16.05 and a beta of 3.76.

SPDR Galaxy Digital Asset Ecosystem ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were paid a $0.5253 dividend. This represents a dividend yield of 113.0%. The ex-dividend date was Monday, December 29th. SPDR Galaxy Digital Asset Ecosystem ETF’s payout ratio is -1.44%.

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.