Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Up 873.3% in April

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 53,491 shares, an increase of 873.3% from the March 31st total of 5,496 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 41,916 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the company. AE Wealth Management LLC acquired a new position in Simplify Currency Strategy ETF during the fourth quarter worth $11,069,000. Simplify Asset Management Inc. increased its holdings in Simplify Currency Strategy ETF by 16.4% during the third quarter. Simplify Asset Management Inc. now owns 337,443 shares of the company’s stock worth $9,303,000 after buying an additional 47,500 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in 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 worth $6,802,000 after buying an additional 125,000 shares during the last quarter. Park Edge Advisors LLC increased its holdings in Simplify Currency Strategy ETF by 65.0% during the first quarter. Park Edge Advisors LLC now owns 128,359 shares of the company’s stock worth $3,753,000 after buying an additional 50,547 shares during the last quarter. Finally, Key Capital Management INC acquired a new position in Simplify Currency Strategy ETF during the fourth quarter worth $2,184,000.

Simplify Currency Strategy ETF Price Performance

FOXY traded down $0.11 during trading on Friday, reaching $29.39. 151,113 shares of the stock were exchanged, compared to its average volume of 56,718. Simplify Currency Strategy ETF has a twelve month low of $23.92 and a twelve month high of $32.20. The stock’s 50 day moving average price is $29.62 and its two-hundred day moving average price is $28.55.

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.