Simplify Currency Strategy ETF (NYSEARCA:FOXY) Sees Significant Decrease in Short Interest

Simplify Currency Strategy ETF (NYSEARCA:FOXYGet Free Report) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 43,445 shares, a decrease of 59.8% from the May 14th total of 107,971 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 43,880 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Hedge funds have recently modified their holdings of the stock. Key Capital Management INC acquired a new stake in Simplify Currency Strategy ETF during the fourth quarter valued at $2,184,000. FSA Advisors Inc. acquired a new stake in shares of Simplify Currency Strategy ETF during the 4th quarter valued at about $1,319,000. Networth Advisors LLC bought a new stake in shares of Simplify Currency Strategy ETF in the 4th quarter valued at approximately $472,000. CreativeOne Wealth LLC increased its holdings in Simplify Currency Strategy ETF by 336.2% in the third quarter. CreativeOne Wealth LLC now owns 49,584 shares of the company’s stock worth $1,367,000 after buying an additional 38,218 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings 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 worth $6,802,000 after buying an additional 125,000 shares during the last quarter.

Simplify Currency Strategy ETF Stock Performance

FOXY stock opened at $28.96 on Friday. The firm has a 50 day simple moving average of $29.22 and a 200 day simple moving average of $28.85. Simplify Currency Strategy ETF has a 52 week low of $25.87 and a 52 week high of $32.20.

About Simplify Currency Strategy ETF

(Get Free Report)

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.

Further Reading

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