Simplify Currency Strategy ETF (NYSEARCA:FOXY) Short Interest Up 413.9% in January

Simplify Currency Strategy ETF (NYSEARCA:FOXY) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 38,765 shares, an increase of 413.9% from the January 15th total of 7,544 shares. Based on an average trading volume of 37,686 shares, the short-interest ratio is currently 1.0 days. Approximately 1.6% of the company’s stock are sold short. Approximately 1.6% of the company’s stock are sold short. Based on an average trading volume of 37,686 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On Simplify Currency Strategy ETF

Institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC bought a new stake in Simplify Currency Strategy ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Simplify Currency Strategy ETF during the 4th quarter valued at about $189,000. Kestra Private Wealth Services LLC bought a new stake in shares of Simplify Currency Strategy ETF in the fourth quarter worth approximately $208,000. CWM LLC grew its stake in shares of Simplify Currency Strategy ETF by 1,446.6% in the fourth quarter. CWM LLC now owns 8,290 shares of the company’s stock worth $226,000 after acquiring an additional 7,754 shares during the period. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Simplify Currency Strategy ETF during the fourth quarter valued at approximately $231,000.

Simplify Currency Strategy ETF Stock Up 0.9%

FOXY stock opened at $29.23 on Wednesday. The stock’s 50 day simple moving average is $27.93 and its 200 day simple moving average is $27.62. Simplify Currency Strategy ETF has a 12-month low of $23.08 and a 12-month 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.