Simplify Currency Strategy ETF (NYSEARCA:FOXY) Stock Short Interest Falls 84.2%

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 1,993 shares, a decline of 84.2% from the September 15th total of 12,594 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 68,569 shares, the short-interest ratio is currently 0.0 days.

Simplify Currency Strategy ETF Trading Up 0.4%

Shares of FOXY traded up $0.11 on Monday, reaching $27.58. The company’s stock had a trading volume of 24,317 shares, compared to its average volume of 70,038. Simplify Currency Strategy ETF has a twelve month low of $26.68 and a twelve month high of $32.20. The firm has a fifty day moving average of $27.62 and a 200-day moving average of $28.68.

Institutional Trading of Simplify Currency Strategy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gradient Investments LLC bought a new position in shares of Simplify Currency Strategy ETF during the third quarter valued at about $44,870,000. Bank of America Corp DE grew its position in Simplify Currency Strategy ETF by 441.2% in the 1st quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock worth $8,070,000 after purchasing an additional 225,000 shares in the last quarter. Elevated Capital Advisors LLC bought a new stake in Simplify Currency Strategy ETF in the 1st quarter worth about $7,132,000. Envestnet Asset Management Inc. grew its position in Simplify Currency Strategy ETF by 91.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 147,884 shares of the company’s stock worth $4,405,000 after purchasing an additional 70,673 shares in the last quarter. Finally, Park Edge Advisors LLC increased its stake in Simplify Currency Strategy ETF by 65.0% in the 1st quarter. Park Edge Advisors LLC now owns 128,359 shares of the company’s stock valued at $3,753,000 after buying an additional 50,547 shares during the last quarter.

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.