Short Interest in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Grows By 76.7%

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXFGet Free Report) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 77,968 shares, an increase of 76.7% from the January 15th total of 44,128 shares. Approximately 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 241,494 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 241,494 shares, the short-interest ratio is presently 0.3 days. Approximately 1.8% of the company’s stock are short sold.

Invesco CurrencyShares Swiss Franc Trust Trading Up 0.2%

FXF traded up $0.25 during trading on Friday, hitting $115.11. The company had a trading volume of 152,412 shares, compared to its average volume of 174,724. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $98.13 and a 1-year high of $116.30. The business has a 50-day moving average of $112.20 and a 200-day moving average of $111.09.

Institutional Trading of Invesco CurrencyShares Swiss Franc Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the 4th quarter valued at about $37,000. Markin Asset Management LP bought a new position in Invesco CurrencyShares Swiss Franc Trust in the fourth quarter worth about $240,000. Ridge Creek Global Inc acquired a new position in Invesco CurrencyShares Swiss Franc Trust in the fourth quarter valued at approximately $2,405,000. Federation des caisses Desjardins du Quebec boosted its stake in Invesco CurrencyShares Swiss Franc Trust by 163.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,630 shares of the company’s stock valued at $294,000 after acquiring an additional 1,630 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 1.6% during the fourth quarter. LPL Financial LLC now owns 14,295 shares of the company’s stock valued at $1,595,000 after purchasing an additional 224 shares during the last quarter.

About Invesco CurrencyShares Swiss Franc Trust

(Get Free Report)

Guggenheim CurrencyShares Swiss Franc Trust, formerly CurrencyShares Swiss Franc Trust, is a grantor trust. The Trust issues shares (Shares) in blocks of 50,000 (Basket) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Swiss Franc plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are focused to offer investors an opportunity to participate in the market for the Swiss Franc through an investment in securities.

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