SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Sees Significant Decline in Short Interest

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) was the recipient of a large drop in short interest during the month of 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 short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 761 shares, the short-interest ratio is currently 0.3 days.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

Shares of DECO stock opened at $55.31 on Friday. The firm has a market capitalization of $16.04 million, a price-to-earnings ratio of -15.98 and a beta of 3.76. The company has a 50 day moving average price of $49.23 and a 200 day moving average price of $46.01. SPDR Galaxy Digital Asset Ecosystem ETF has a one year low of $20.76 and a one year high of $56.87.

SPDR Galaxy Digital Asset Ecosystem ETF Announces Dividend

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