Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Down 67.6% in December

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 3,480 shares, a decline of 67.6% from the November 30th total of 10,739 shares. Based on an average daily trading volume, of 18,212 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,212 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Simplify Asset Management Inc. grew its holdings in shares of Simplify Currency Strategy ETF by 16.4% during the third quarter. Simplify Asset Management Inc. now owns 337,443 shares of the company’s stock worth $9,303,000 after buying an additional 47,500 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in Simplify Currency Strategy ETF during the third quarter worth about $3,446,000. Park Edge Advisors LLC purchased a new stake in Simplify Currency Strategy ETF during the 3rd quarter valued at about $2,218,000. Bank of America Corp DE grew its stake in Simplify Currency Strategy ETF by 2.0% during the 3rd quarter. Bank of America Corp DE now owns 51,000 shares of the company’s stock valued at $1,406,000 after acquiring an additional 1,000 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its holdings in Simplify Currency Strategy ETF by 336.2% in the 3rd quarter. CreativeOne Wealth LLC now owns 49,584 shares of the company’s stock valued at $1,367,000 after acquiring an additional 38,218 shares during the last quarter.

Simplify Currency Strategy ETF Stock Performance

Shares of NYSEARCA FOXY traded down $0.01 during midday trading on Friday, hitting $27.39. The stock had a trading volume of 10,355 shares, compared to its average volume of 15,068. The stock has a 50 day simple moving average of $28.10 and a 200-day simple moving average of $27.27. Simplify Currency Strategy ETF has a 1 year low of $23.08 and a 1 year high of $31.19.

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.