SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Update

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 330 shares, a drop of 24.8% from the January 29th total of 439 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 656 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 656 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Trading Up 0.5%

DECO stock traded up $0.25 during midday trading on Monday, reaching $49.53. 6,748 shares of the company’s stock traded hands, compared to its average volume of 1,691. SPDR Galaxy Digital Asset Ecosystem ETF has a 52-week low of $20.76 and a 52-week high of $56.87. The stock has a market cap of $13.87 million, a P/E ratio of -14.31 and a beta of 3.76. The stock’s 50-day moving average is $50.38 and its 200 day moving average is $48.81.

SPDR Galaxy Digital Asset Ecosystem ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $0.5253 dividend. This represents a yield of 113.0%. The ex-dividend date of this dividend was Monday, December 29th. SPDR Galaxy Digital Asset Ecosystem ETF’s dividend payout ratio (DPR) is currently -15.03%.

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.