Simplify Currency Strategy ETF (NYSEARCA:FOXY – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 105,216 shares, an increase of 5,179.3% from the September 30th total of 1,993 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 55,092 shares, the days-to-cover ratio is currently 1.9 days.
Simplify Currency Strategy ETF Stock Down 1.1%
Shares of FOXY stock traded down $0.31 on Monday, hitting $26.72. 39,796 shares of the stock traded hands, compared to its average volume of 68,948. Simplify Currency Strategy ETF has a 52 week low of $26.60 and a 52 week high of $32.20. The firm has a 50 day simple moving average of $27.48 and a two-hundred day simple moving average of $28.53.
Institutional Investors Weigh In On Simplify Currency Strategy ETF
A number of institutional investors have recently bought and sold shares of the business. Paladin Wealth LLC lifted its holdings in Simplify Currency Strategy ETF by 43.2% in the 3rd quarter. Paladin Wealth LLC now owns 63,337 shares of the company’s stock worth $1,692,000 after purchasing an additional 19,110 shares in the last quarter. Sowell Financial Services LLC bought a new position in Simplify Currency Strategy ETF in the 3rd quarter worth approximately $787,000. Brookstone Capital Management bought a new position in Simplify Currency Strategy ETF in the 3rd quarter worth approximately $373,000. SteelPeak Wealth LLC bought a new position in Simplify Currency Strategy ETF in the 3rd quarter worth approximately $353,000. Finally, Mosley Wealth Management grew its holdings in Simplify Currency Strategy ETF by 96.7% during the 3rd quarter. Mosley Wealth Management now owns 43,796 shares of the company’s stock valued at $1,200,000 after buying an additional 21,533 shares in 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.
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