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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 9,239 shares, a decline of 95.4% from the July 15th total of 203,025 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 88,396 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Simplify Currency Strategy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gradient Investments LLC bought a new stake in Simplify Currency Strategy ETF during the 2nd quarter worth approximately $35,355,000. AE Wealth Management LLC bought a new position in shares of Simplify Currency Strategy ETF in the fourth quarter valued at approximately $11,069,000. Elevated Capital Advisors LLC bought a new position in shares of Simplify Currency Strategy ETF in the first quarter valued at approximately $7,132,000. Bank of America Corp DE boosted its position in shares of 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 valued at $8,070,000 after buying an additional 225,000 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Simplify Currency Strategy ETF by 100.0% during the fourth quarter. BNP Paribas Financial Markets now owns 250,000 shares of the company’s stock valued at $6,802,000 after buying an additional 125,000 shares during the last quarter.

Simplify Currency Strategy ETF Price Performance

Shares of NYSEARCA:FOXY traded down $0.16 during trading on Tuesday, reaching $28.10. 50,928 shares of the stock were exchanged, compared to its average volume of 67,944. Simplify Currency Strategy ETF has a 1-year low of $26.40 and a 1-year high of $32.20. The stock has a fifty day moving average of $29.09 and a two-hundred day moving average of $29.23.

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.