Simplify Currency Strategy ETF (NYSEARCA:FOXY – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 26,688 shares, a decrease of 74.6% from the October 15th total of 105,216 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 42,408 shares, the short-interest ratio is currently 0.6 days.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Montgomery Financial Services LLC purchased a new position in Simplify Currency Strategy ETF in the 2nd quarter valued at about $29,000. Summit Global Investments purchased a new stake in Simplify Currency Strategy ETF during the 1st quarter worth approximately $320,000. SteelPeak Wealth LLC purchased a new stake in Simplify Currency Strategy ETF during the 3rd quarter worth approximately $353,000. Brookstone Capital Management purchased a new stake in Simplify Currency Strategy ETF during the 3rd quarter worth approximately $373,000. Finally, Citadel Advisors LLC purchased a new stake in Simplify Currency Strategy ETF during the 2nd quarter worth approximately $636,000.
Simplify Currency Strategy ETF Stock Up 0.6%
FOXY opened at $26.65 on Thursday. Simplify Currency Strategy ETF has a 52-week low of $26.36 and a 52-week high of $32.20. The firm’s fifty day simple moving average is $27.24 and its two-hundred day simple moving average is $28.62.
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.
Further Reading
- Five stocks we like better than Simplify Currency Strategy ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Simplify Currency Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Currency Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
