Simplify Currency Strategy ETF (NYSEARCA:FOXY) Sees Significant Drop in Short Interest

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a large decline in short interest during 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 volume of 88,396 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Simplify Currency Strategy ETF Price Performance

Shares of NYSEARCA FOXY traded down $0.10 during mid-day trading on Thursday, reaching $27.99. The company’s stock had a trading volume of 88,563 shares, compared to its average volume of 67,784. Simplify Currency Strategy ETF has a 1-year low of $26.40 and a 1-year high of $32.20. The stock has a 50-day moving average of $29.07 and a two-hundred day moving average of $29.23.

Institutional Investors Weigh In On Simplify Currency Strategy ETF

A number of large investors have recently made changes to their positions in FOXY. Sound Income Strategies LLC purchased a new position in Simplify Currency Strategy ETF during the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Simplify Currency Strategy ETF in the 4th quarter valued at $189,000. Kestra Private Wealth Services LLC acquired a new stake in shares of Simplify Currency Strategy ETF in the 4th quarter worth $208,000. CWM LLC raised its holdings in shares of Simplify Currency Strategy ETF by 1,446.6% during the 4th quarter. CWM LLC now owns 8,290 shares of the company’s stock worth $226,000 after acquiring an additional 7,754 shares during the period. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Simplify Currency Strategy ETF during the 4th quarter worth $231,000.

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.