Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Up 100.5% in August

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 18,526 shares, an increase of 100.5% from the July 30th total of 9,239 shares. Based on an average daily volume of 66,877 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Several institutional investors have recently made changes to their positions in the business. Montgomery Financial Services LLC bought a new position in shares of Simplify Currency Strategy ETF in the second quarter worth about $29,000. Bank of America Corp DE grew its stake in Simplify Currency Strategy ETF by 2.0% during the third quarter. Bank of America Corp DE now owns 51,000 shares of the company’s stock valued at $1,406,000 after acquiring an additional 1,000 shares in the last quarter. Encompass More Asset Management increased its holdings in Simplify Currency Strategy ETF by 7.7% in the 4th quarter. Encompass More Asset Management now owns 26,768 shares of the company’s stock valued at $728,000 after acquiring an additional 1,917 shares during the last quarter. Decker Retirement Planning Inc. increased its holdings in shares of Simplify Currency Strategy ETF by 29.0% in the first quarter. Decker Retirement Planning Inc. now owns 8,951 shares of the company’s stock worth $262,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Simplify Currency Strategy ETF during the 4th quarter worth approximately $208,000.

Simplify Currency Strategy ETF Stock Performance

Simplify Currency Strategy ETF stock traded down $0.13 during mid-day trading on Friday, reaching $27.12. The stock had a trading volume of 88,217 shares, compared to its average volume of 69,570. Simplify Currency Strategy ETF has a one year low of $26.84 and a one year high of $32.20. The company has a 50-day moving average price of $28.72 and a two-hundred day moving average price of $29.17.

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.