Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Update

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 43,445 shares, a decline of 59.8% from the May 14th total of 107,971 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 43,880 shares, the short-interest ratio is presently 1.0 days.

Simplify Currency Strategy ETF Price Performance

FOXY traded up $0.08 during trading on Friday, reaching $29.04. 21,323 shares of the stock traded hands, compared to its average volume of 56,231. Simplify Currency Strategy ETF has a fifty-two week low of $25.87 and a fifty-two week high of $32.20. The stock’s 50-day simple moving average is $29.20 and its two-hundred day simple moving average is $28.86.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FOXY. Bank of America Corp DE raised its position in Simplify Currency Strategy ETF by 441.2% during the first quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock worth $8,070,000 after acquiring an additional 225,000 shares in the last quarter. Summit Global Investments bought a new position in Simplify Currency Strategy ETF during the 1st quarter worth approximately $320,000. FSA Advisors Inc. boosted its stake in Simplify Currency Strategy ETF by 45.3% during the first quarter. FSA Advisors Inc. now owns 70,422 shares of the company’s stock worth $2,059,000 after acquiring an additional 21,943 shares in the last quarter. WealthCare Asset Management LLC bought a new stake in Simplify Currency Strategy ETF during the 1st quarter valued at $385,000. Finally, Elevated Capital Advisors LLC purchased a new position in Simplify Currency Strategy ETF during the 1st quarter worth $7,132,000.

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.