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

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 12,594 shares, an increase of 79.8% from the August 31st total of 7,003 shares. Based on an average daily trading volume, of 94,771 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Montgomery Financial Services LLC purchased a new position in Simplify Currency Strategy ETF in the 2nd quarter valued at $29,000. Decker Retirement Planning Inc. boosted its position 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 last quarter. Summit Global Investments purchased a new stake in Simplify Currency Strategy ETF during the 1st quarter valued at about $320,000. Networth Advisors LLC grew its stake in Simplify Currency Strategy ETF by 73.5% during the 1st quarter. Networth Advisors LLC now owns 30,089 shares of the company’s stock valued at $880,000 after acquiring an additional 12,748 shares in the last quarter. Finally, WealthCare Asset Management LLC acquired a new stake in Simplify Currency Strategy ETF in the 1st quarter valued at about $385,000.

Simplify Currency Strategy ETF Price Performance

Shares of Simplify Currency Strategy ETF stock traded down $0.03 during mid-day trading on Wednesday, reaching $26.72. 44,473 shares of the stock traded hands, compared to its average volume of 70,692. The business has a 50-day moving average of $27.84 and a 200 day moving average of $28.85. Simplify Currency Strategy ETF has a fifty-two week low of $26.68 and a fifty-two week 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.