Short Interest in Simplify Currency Strategy ETF (NYSEARCA:FOXY) Declines By 82.6%

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 7,544 shares, a drop of 82.6% from the December 31st total of 43,481 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 18,421 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 18,421 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are sold short.

Simplify Currency Strategy ETF Stock Down 0.2%

NYSEARCA FOXY traded down $0.06 on Tuesday, reaching $28.00. The company had a trading volume of 27,009 shares, compared to its average volume of 22,001. Simplify Currency Strategy ETF has a 1 year low of $23.08 and a 1 year high of $31.19. The firm has a 50-day moving average of $27.89 and a 200-day moving average of $27.45.

Institutional Investors Weigh In On Simplify Currency Strategy ETF

Large investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in Simplify Currency Strategy ETF in the 4th quarter worth $26,000. Bank of America Corp DE increased its position in shares of 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 worth $1,406,000 after acquiring an additional 1,000 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Simplify Currency Strategy ETF in the fourth quarter worth about $189,000. CWM LLC lifted its stake in shares of Simplify Currency Strategy ETF by 1,446.6% in the fourth quarter. CWM LLC now owns 8,290 shares of the company’s stock worth $226,000 after acquiring an additional 7,754 shares in the last quarter. Finally, CreativeOne Wealth LLC purchased a new position in Simplify Currency Strategy ETF in the second quarter valued at about $297,000.

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.