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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 12,594 shares, a growth of 79.8% from the August 31st total of 7,003 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 94,771 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Simplify Currency Strategy ETF

Several hedge funds have recently added to or reduced their stakes in FOXY. Gradient Investments LLC acquired a new position in shares of Simplify Currency Strategy ETF in the 2nd quarter valued at approximately $35,355,000. Elevated Capital Advisors LLC acquired a new stake in Simplify Currency Strategy ETF during the 1st quarter worth approximately $7,132,000. Bank of America Corp DE raised its holdings in Simplify Currency Strategy ETF by 441.2% during the 1st quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock worth $8,070,000 after buying an additional 225,000 shares during the period. BNP Paribas Financial Markets lifted its stake 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 valued at $6,802,000 after buying an additional 125,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Simplify Currency Strategy ETF by 91.5% in the second quarter. Envestnet Asset Management Inc. now owns 147,884 shares of the company’s stock valued at $4,405,000 after buying an additional 70,673 shares in the last quarter.

Simplify Currency Strategy ETF Stock Performance

Shares of NYSEARCA:FOXY traded down $0.05 during mid-day trading on Tuesday, reaching $26.75. The stock had a trading volume of 52,665 shares, compared to its average volume of 70,833. The firm has a 50 day simple moving average of $27.88 and a two-hundred day simple moving average of $28.87. Simplify Currency Strategy ETF has a twelve month low of $26.68 and a twelve month high of $32.20.

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.