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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 7,003 shares, a drop of 62.2% from the August 15th total of 18,526 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 87,217 shares, the short-interest ratio is currently 0.1 days.

Simplify Currency Strategy ETF Trading Down 0.0%

FOXY stock traded down $0.01 during midday trading on Tuesday, reaching $27.70. 33,220 shares of the company’s stock traded hands, compared to its average volume of 70,827. The company has a 50-day simple moving average of $28.24 and a two-hundred day simple moving average of $29.01. Simplify Currency Strategy ETF has a 1-year low of $26.84 and a 1-year high of $32.20.

Institutional Investors Weigh In On Simplify Currency Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in FOXY. Gradient Investments LLC acquired a new stake in Simplify Currency Strategy ETF in the 2nd quarter valued at about $35,355,000. Bank of America Corp DE grew its stake in shares of Simplify Currency Strategy ETF by 441.2% during the first quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock valued at $8,070,000 after purchasing an additional 225,000 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of Simplify Currency Strategy ETF during the first quarter valued at approximately $7,132,000. BNP Paribas Financial Markets increased its holdings in shares of 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 purchasing an additional 125,000 shares in the last quarter. Finally, Park Edge Advisors LLC increased its holdings in shares of Simplify Currency Strategy ETF by 65.0% in the first quarter. Park Edge Advisors LLC now owns 128,359 shares of the company’s stock valued at $3,753,000 after purchasing an additional 50,547 shares in 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.