Short Interest in Simplify Currency Strategy ETF (NYSEARCA:FOXY) Rises By 100.5%

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

Simplify Currency Strategy ETF Price Performance

Simplify Currency Strategy ETF stock opened at $27.12 on Monday. Simplify Currency Strategy ETF has a one year low of $26.84 and a one year high of $32.20. The business has a fifty day moving average price of $28.72 and a 200-day moving average price of $29.17.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Hedge funds have recently bought and sold shares of the company. Montgomery Financial Services LLC purchased a new position in shares of Simplify Currency Strategy ETF during the 2nd quarter valued at $29,000. Kestra Private Wealth Services LLC purchased a new stake in shares of Simplify Currency Strategy ETF in the 4th quarter valued at about $208,000. CWM LLC grew its holdings in shares of Simplify Currency Strategy ETF by 1,446.6% during the fourth quarter. CWM LLC now owns 8,290 shares of the company’s stock worth $226,000 after purchasing an additional 7,754 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Simplify Currency Strategy ETF in the fourth quarter worth approximately $231,000. Finally, Decker Retirement Planning Inc. lifted its position in Simplify Currency Strategy ETF by 29.0% during the first quarter. Decker Retirement Planning Inc. now owns 8,951 shares of the company’s stock valued at $262,000 after purchasing an additional 2,014 shares during 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.