Simplify Currency Strategy ETF (NYSEARCA:FOXY – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 7,003 shares, a decline of 62.2% from the August 15th total of 18,526 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 87,217 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Simplify Currency Strategy ETF
Several hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new position in Simplify Currency Strategy ETF in the 2nd quarter worth $636,000. Brown Financial Advisors purchased a new stake in Simplify Currency Strategy ETF during the 2nd quarter valued at about $1,698,000. Montgomery Financial Services LLC acquired a new position in shares of Simplify Currency Strategy ETF in the second quarter valued at about $29,000. Paladin Wealth LLC acquired a new position in shares of Simplify Currency Strategy ETF in the second quarter valued at about $1,318,000. Finally, Gradient Investments LLC purchased a new position in shares of Simplify Currency Strategy ETF in the second quarter worth about $35,355,000.
Simplify Currency Strategy ETF Trading Up 0.1%
Simplify Currency Strategy ETF stock traded up $0.04 during mid-day trading on Monday, reaching $27.71. 408,261 shares of the company traded hands, compared to its average volume of 71,042. The firm’s fifty day moving average is $28.32 and its two-hundred day moving average is $29.04. Simplify Currency Strategy ETF has a fifty-two week low of $26.84 and a fifty-two week high of $32.20.
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.
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