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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 9,239 shares, a decline of 95.4% from the July 15th total of 203,025 shares. Based on an average daily trading volume, of 88,396 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Simplify Currency Strategy ETF Stock Performance

Shares of NYSEARCA:FOXY traded down $0.16 during mid-day trading on Tuesday, hitting $28.10. The company had a trading volume of 50,928 shares, compared to its average volume of 67,944. Simplify Currency Strategy ETF has a one year low of $26.40 and a one year high of $32.20. The firm has a fifty day moving average price of $29.09 and a 200 day moving average price of $29.23.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Several institutional investors have recently made changes to their positions in FOXY. Jane Street Group LLC acquired a new position in shares of Simplify Currency Strategy ETF during the first quarter valued at about $560,000. BNP Paribas Financial Markets acquired a new stake in shares of Simplify Currency Strategy ETF in the 3rd quarter valued at about $3,446,000. Bank of America Corp DE grew its stake in shares of Simplify Currency Strategy ETF by 2.0% in the 3rd quarter. Bank of America Corp DE now owns 51,000 shares of the company’s stock valued at $1,406,000 after buying an additional 1,000 shares during the period. Sound Income Strategies LLC bought a new stake in Simplify Currency Strategy ETF in the 4th quarter valued at about $26,000. Finally, Decker Retirement Planning Inc. bought a new stake in Simplify Currency Strategy ETF in the 4th quarter valued at about $189,000.

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.