Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Down 59.8% in May

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 43,445 shares, a decrease of 59.8% from the May 14th total of 107,971 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 43,880 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC purchased a new position in shares of Simplify Currency Strategy ETF during the 4th quarter valued at about $26,000. Bank of America Corp DE boosted its stake in shares of Simplify Currency Strategy ETF by 2.0% in the third quarter. Bank of America Corp DE now owns 51,000 shares of the company’s stock worth $1,406,000 after buying an additional 1,000 shares during the last quarter. Encompass More Asset Management grew its holdings in Simplify Currency Strategy ETF by 7.7% during the fourth quarter. Encompass More Asset Management now owns 26,768 shares of the company’s stock worth $728,000 after acquiring an additional 1,917 shares during the period. Decker Retirement Planning Inc. grew its holdings 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 worth $262,000 after acquiring an additional 2,014 shares during the period. Finally, Kestra Private Wealth Services LLC purchased a new position in Simplify Currency Strategy ETF during the fourth quarter valued at approximately $208,000.

Simplify Currency Strategy ETF Stock Performance

FOXY traded up $0.08 during trading on Friday, reaching $29.04. 21,323 shares of the company’s stock were exchanged, compared to its average volume of 56,231. Simplify Currency Strategy ETF has a 1 year low of $25.87 and a 1 year high of $32.20. The company’s fifty day simple moving average is $29.20 and its 200-day simple moving average is $28.86.

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.