Short Interest in Simplify Currency Strategy ETF (NYSEARCA:FOXY) Decreases By 82.6%

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 7,544 shares, a decline of 82.6% from the December 31st total of 43,481 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 18,421 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 18,421 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Simplify Currency Strategy ETF

Several hedge funds have recently bought and sold shares of FOXY. AE Wealth Management LLC acquired a new position in shares of Simplify Currency Strategy ETF in the 4th quarter valued at approximately $11,069,000. Simplify Asset Management Inc. increased its stake in Simplify Currency Strategy ETF by 16.4% in the third quarter. Simplify Asset Management Inc. now owns 337,443 shares of the company’s stock valued at $9,303,000 after acquiring an additional 47,500 shares during the last quarter. BNP Paribas Financial Markets bought a new position in Simplify Currency Strategy ETF in the third quarter valued at approximately $3,446,000. Park Edge Advisors LLC acquired a new position in Simplify Currency Strategy ETF during the third quarter valued at approximately $2,218,000. Finally, Key Capital Management INC bought a new stake in Simplify Currency Strategy ETF during the fourth quarter worth $2,184,000.

Simplify Currency Strategy ETF Stock Performance

Shares of NYSEARCA:FOXY traded up $0.26 during trading on Wednesday, reaching $28.26. 117,095 shares of the company traded hands, compared to its average volume of 27,283. Simplify Currency Strategy ETF has a 52 week low of $23.08 and a 52 week high of $31.19. The company’s 50 day moving average is $27.89 and its two-hundred day moving average is $27.46.

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.