Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Up 1,149.5% in December

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 43,481 shares, a growth of 1,149.5% from the December 15th total of 3,480 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average trading volume of 21,183 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 21,183 shares, the short-interest ratio is currently 2.1 days. Currently, 2.1% of the company’s shares are sold short.

Simplify Currency Strategy ETF Trading Down 0.1%

Shares of NYSEARCA:FOXY traded down $0.04 on Monday, reaching $27.32. The company had a trading volume of 19,620 shares, compared to its average volume of 21,689. The firm’s 50 day simple moving average is $27.96 and its 200-day simple moving average is $27.33. Simplify Currency Strategy ETF has a 52-week low of $23.08 and a 52-week high of $31.19.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Institutional investors have recently added to or reduced their stakes in the stock. Simplify Asset Management Inc. grew its position 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 period. CreativeOne Wealth LLC acquired a new stake in shares of Simplify Currency Strategy ETF in the 2nd quarter worth approximately $297,000. Park Edge Advisors LLC purchased a new position in Simplify Currency Strategy ETF in the 3rd quarter valued at approximately $2,218,000. BNP Paribas Financial Markets acquired a new position in Simplify Currency Strategy ETF during the third quarter worth $3,446,000. Finally, Bank of America Corp DE grew its holdings in Simplify Currency Strategy ETF by 2.0% in the third quarter. Bank of America Corp DE now owns 51,000 shares of the company’s stock valued at $1,406,000 after purchasing an additional 1,000 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.