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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 12,594 shares, an increase of 79.8% from the August 31st total of 7,003 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 94,771 shares, the short-interest ratio is presently 0.1 days.

Simplify Currency Strategy ETF Stock Down 0.2%

FOXY traded down $0.05 during mid-day trading on Tuesday, reaching $26.75. The stock had a trading volume of 52,665 shares, compared to its average volume of 70,833. The firm’s fifty day simple moving average is $27.88 and its two-hundred day simple moving average is $28.87. Simplify Currency Strategy ETF has a 52 week low of $26.68 and a 52 week high of $32.20.

Institutional Trading of Simplify Currency Strategy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Howard Bailey Securities LLC acquired a new stake in shares of Simplify Currency Strategy ETF during the 4th quarter worth approximately $1,741,000. Bank of America Corp DE lifted its holdings in Simplify Currency Strategy ETF by 441.2% in 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 period. Brown Financial Advisors acquired a new position in Simplify Currency Strategy ETF in the second quarter valued at approximately $1,698,000. Elevated Capital Advisors LLC bought a new position in Simplify Currency Strategy ETF in the first quarter valued at approximately $7,132,000. Finally, BNP Paribas Financial Markets boosted its stake 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 acquiring an additional 125,000 shares during the last quarter.

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.