Simplify Currency Strategy ETF (NYSEARCA:FOXY) Stock Short Interest Report for October

Simplify Currency Strategy ETF (NYSEARCA:FOXY) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 26,688 shares, a decline of 74.6% from the October 15th total of 105,216 shares. Based on an average daily volume of 42,408 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On Simplify Currency Strategy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FOXY. Elevated Capital Advisors LLC raised its position in shares of Simplify Currency Strategy ETF by 9.1% in the third quarter. Elevated Capital Advisors LLC now owns 298,431 shares of the company’s stock valued at $7,974,000 after buying an additional 25,011 shares during the last quarter. Pekin Hardy Strauss Inc. acquired a new position in Simplify Currency Strategy ETF during the third quarter worth about $2,904,000. Summit Global Investments boosted its position in Simplify Currency Strategy ETF by 24.3% during the third quarter. Summit Global Investments now owns 18,558 shares of the company’s stock worth $496,000 after acquiring an additional 3,622 shares during the last quarter. Paladin Wealth LLC boosted its position in Simplify Currency Strategy ETF by 43.2% during the third quarter. Paladin Wealth LLC now owns 63,337 shares of the company’s stock worth $1,692,000 after acquiring an additional 19,110 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in Simplify Currency Strategy ETF during the 3rd quarter valued at about $787,000.

Simplify Currency Strategy ETF Price Performance

NYSEARCA FOXY opened at $26.65 on Thursday. The business has a fifty day moving average price of $27.24 and a 200 day moving average price of $28.62. Simplify Currency Strategy ETF has a one year low of $26.36 and a one year high of $32.20.

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.