Short Interest in Simplify Currency Strategy ETF (NYSEARCA:FOXY) Declines By 95.2%

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 5,496 shares, a drop of 95.2% from the March 15th total of 115,371 shares. Based on an average daily volume of 57,384 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Simplify Currency Strategy ETF

Several institutional investors have recently added to or reduced their stakes in the business. Beacon Capital Management LLC purchased a new stake in Simplify Currency Strategy ETF during the 4th quarter valued at $1,634,000. Howard Bailey Securities LLC purchased a new stake in Simplify Currency Strategy ETF during the 4th quarter valued at $1,741,000. BNP Paribas Financial Markets boosted its stake in shares of Simplify Currency Strategy ETF by 100.0% in the 4th quarter. BNP Paribas Financial Markets now owns 250,000 shares of the company’s stock worth $6,802,000 after buying an additional 125,000 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Simplify Currency Strategy ETF in the 4th quarter worth $231,000. Finally, Blackston Financial Advisory Group LLC purchased a new position in shares of Simplify Currency Strategy ETF in the 4th quarter worth $670,000.

Simplify Currency Strategy ETF Stock Performance

FOXY traded up $0.18 during trading on Friday, hitting $29.29. 33,438 shares of the company’s stock traded hands, compared to its average volume of 50,967. The company’s 50 day simple moving average is $29.55 and its two-hundred day simple moving average is $28.43. Simplify Currency Strategy ETF has a 12-month low of $23.08 and a 12-month high of $32.20.

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.