Guggenheim CurrencyShares Euro Trust (NYSE:FXE) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 4,163,246 shares, an increase of 41.4% from the July 14th total of 2,944,313 shares. Based on an average daily trading volume, of 783,525 shares, the days-to-cover ratio is currently 5.3 days.

Shares of Guggenheim CurrencyShares Euro Trust (FXE) opened at 113.43 on Wednesday. Guggenheim CurrencyShares Euro Trust has a one year low of $100.46 and a one year high of $115.13. The firm’s 50-day moving average is $112.21 and its 200-day moving average is $106.97.

A number of large investors have recently added to or reduced their stakes in FXE. Clear Perspective Advisors LLC bought a new stake in Guggenheim CurrencyShares Euro Trust during the second quarter valued at approximately $110,000. Glovista Investments LLC bought a new stake in Guggenheim CurrencyShares Euro Trust during the second quarter valued at approximately $222,000. Stifel Financial Corp raised its stake in Guggenheim CurrencyShares Euro Trust by 0.9% in the second quarter. Stifel Financial Corp now owns 11,753 shares of the exchange traded fund’s stock valued at $1,299,000 after buying an additional 100 shares in the last quarter. Wells Fargo & Company MN raised its stake in Guggenheim CurrencyShares Euro Trust by 117.1% in the second quarter. Wells Fargo & Company MN now owns 15,209 shares of the exchange traded fund’s stock valued at $1,680,000 after buying an additional 104,358 shares in the last quarter. Finally, Prudential Financial Inc. bought a new stake in Guggenheim CurrencyShares Euro Trust during the second quarter valued at approximately $1,967,000.

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Guggenheim CurrencyShares Euro Trust Company Profile

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.

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