SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Short Interest Up 334.2% in February

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,433 shares, a growth of 334.2% from the February 12th total of 330 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 1,281 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 1,281 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the shares of the company are sold short.

SPDR Galaxy Digital Asset Ecosystem ETF Trading Down 2.3%

NASDAQ:DECO traded down $1.09 during mid-day trading on Thursday, hitting $47.10. 965 shares of the company’s stock traded hands, compared to its average volume of 1,556. The firm has a 50 day moving average of $50.45 and a two-hundred day moving average of $49.25. The firm has a market capitalization of $13.19 million, a price-to-earnings ratio of -13.61 and a beta of 3.76. SPDR Galaxy Digital Asset Ecosystem ETF has a 12 month low of $20.76 and a 12 month high of $56.87.

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. The ex-dividend date of this dividend was Monday, December 29th. This represents a yield of 113.0%. SPDR Galaxy Digital Asset Ecosystem ETF’s payout ratio is currently -15.03%.

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.