Simplify Currency Strategy ETF (NYSEARCA:FOXY) Shares Shorted: Short Interest Up 5,179.3% in October

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 105,216 shares, a growth of 5,179.3% from the September 30th total of 1,993 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 55,092 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FOXY. Montgomery Financial Services LLC purchased a new stake in shares of Simplify Currency Strategy ETF in the second quarter worth about $29,000. Summit Global Investments bought a new position in Simplify Currency Strategy ETF during the first quarter valued at approximately $320,000. WealthCare Asset Management LLC bought a new position in Simplify Currency Strategy ETF during the first quarter valued at approximately $385,000. SteelPeak Wealth LLC bought a new position in Simplify Currency Strategy ETF during the third quarter valued at approximately $353,000. Finally, Brookstone Capital Management purchased a new position in Simplify Currency Strategy ETF during the 3rd quarter valued at approximately $373,000.

Simplify Currency Strategy ETF Stock Performance

NYSEARCA FOXY traded down $0.31 on Monday, reaching $26.72. The company had a trading volume of 39,796 shares, compared to its average volume of 68,948. Simplify Currency Strategy ETF has a 12 month low of $26.60 and a 12 month high of $32.20. The firm’s 50 day moving average price is $27.48 and its 200 day moving average price is $28.53.

About Simplify Currency Strategy ETF

The Simplify Currency Strategy ETF (FOXY) is an exchange-traded fund that mostly invests in long global basket, short usd currency. The fund is an actively managed fund with long and short exposures in foreign currencies through forward contracts and swaps, as well as futures contracts. It employs a combination of mean-reversion strategy for G10 currencies and a carry strategy for emerging market currencies. FOXY was launched on Feb 3, 2025 and is issued by Simplify.