Simplify Currency Strategy ETF (NYSEARCA:FOXY – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,003 shares, a drop of 62.2% from the August 15th total of 18,526 shares. Based on an average trading volume of 87,217 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.
Simplify Currency Strategy ETF Stock Performance
NYSEARCA:FOXY remained flat at $27.67 during mid-day trading on Friday. 38,640 shares of the company traded hands, compared to its average volume of 69,104. The firm’s 50-day moving average is $28.32 and its 200-day moving average is $29.04. Simplify Currency Strategy ETF has a 12 month low of $26.84 and a 12 month high of $32.20.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of Simplify Currency Strategy ETF during the 1st quarter valued at $560,000. BNP Paribas Financial Markets purchased a new stake in shares of Simplify Currency Strategy ETF in the third quarter worth $3,446,000. Bank of America Corp DE raised its position 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 in the last quarter. Authentikos Wealth Advisory LLC bought a new stake in Simplify Currency Strategy ETF during the fourth quarter valued at $1,070,000. Finally, Blackston Financial Advisory Group LLC bought a new stake in Simplify Currency Strategy ETF during the fourth quarter valued at $670,000.
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.
See Also
- Five stocks we like better than Simplify Currency Strategy ETF
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for Simplify Currency Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Currency Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
