SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 115 shares, a growth of 228.6% from the October 15th total of 35 shares. Based on an average daily volume of 123 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s stock are sold short.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Price Performance
HECO stock remained flat at $49.16 during trading on Friday. 257 shares of the company’s stock were exchanged, compared to its average volume of 2,262. The company has a fifty day moving average of $58.56 and a two-hundred day moving average of $55.96. The firm has a market capitalization of $62.92 million, a P/E ratio of 18.01 and a beta of 3.29. SPDR Galaxy Hedged Digital Asset Ecosystem ETF has a 52-week low of $37.57 and a 52-week high of $74.28.
About SPDR Galaxy Hedged Digital Asset Ecosystem ETF
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.
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