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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 203,025 shares, a growth of 200.9% from the June 30th total of 67,470 shares. Based on an average daily trading volume, of 71,945 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.6% of the shares of the stock are short sold.

Simplify Currency Strategy ETF Price Performance

Shares of NYSEARCA FOXY traded down $0.39 during mid-day trading on Tuesday, reaching $28.50. The company’s stock had a trading volume of 96,821 shares, compared to its average volume of 68,335. The stock has a 50-day moving average of $29.30 and a two-hundred day moving average of $29.17. Simplify Currency Strategy ETF has a 1-year low of $25.93 and a 1-year high of $32.20.

Institutional Trading of Simplify Currency Strategy ETF

Hedge funds have recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new position in shares of Simplify Currency Strategy ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new position in Simplify Currency Strategy ETF during the fourth quarter worth approximately $189,000. Kestra Private Wealth Services LLC purchased a new position in Simplify Currency Strategy ETF during the fourth quarter worth approximately $208,000. CWM LLC boosted its stake in Simplify Currency Strategy ETF by 1,446.6% during the fourth quarter. CWM LLC now owns 8,290 shares of the company’s stock worth $226,000 after buying an additional 7,754 shares during the last quarter. Finally, Lloyd Advisory Services LLC. acquired a new position in Simplify Currency Strategy ETF during the fourth quarter worth $231,000.

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.