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

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 22 shares, a decrease of 94.5% from the May 31st total of 397 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 103,387 shares, the short-interest ratio is presently 0.0 days.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF Price Performance

Shares of HECO stock traded down $0.13 during midday trading on Thursday, hitting $66.87. The company had a trading volume of 2,533 shares, compared to its average volume of 3,773. The company’s 50 day simple moving average is $59.84 and its 200 day simple moving average is $48.96. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 52-week low of $31.71 and a 52-week high of $71.01. The stock has a market cap of $116.35 million, a price-to-earnings ratio of 23.72 and a beta of 3.24.

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.