Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Update

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 12,594 shares, a growth of 79.8% from the August 31st total of 7,003 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 94,771 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Several institutional investors have recently bought and sold shares of the company. Howard Bailey Securities LLC acquired a new stake in shares of Simplify Currency Strategy ETF in the 4th quarter worth $1,741,000. Brown Financial Advisors acquired a new position in shares of Simplify Currency Strategy ETF during the second quarter worth about $1,698,000. Bank of America Corp DE raised its holdings in Simplify Currency Strategy ETF by 441.2% during the first quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock worth $8,070,000 after purchasing an additional 225,000 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in Simplify Currency Strategy ETF in the first quarter valued at about $7,132,000. Finally, BNP Paribas Financial Markets lifted its position in Simplify Currency Strategy ETF by 100.0% in the fourth quarter. BNP Paribas Financial Markets now owns 250,000 shares of the company’s stock valued at $6,802,000 after purchasing an additional 125,000 shares during the period.

Simplify Currency Strategy ETF Stock Up 1.2%

Simplify Currency Strategy ETF stock traded up $0.32 during mid-day trading on Thursday, reaching $27.04. 10,238 shares of the company were exchanged, compared to its average volume of 70,352. Simplify Currency Strategy ETF has a twelve month low of $26.68 and a twelve month high of $32.20. The firm’s 50-day simple moving average is $27.79 and its two-hundred day simple moving average is $28.82.

Simplify Currency Strategy ETF Company Profile

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.