Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Short Interest Down 72.8% in May

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 21,278 shares, a drop of 72.8% from the May 14th total of 78,348 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 45,313 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco CurrencyShares Swiss Franc Trust

A number of hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. grew its stake in Invesco CurrencyShares Swiss Franc Trust by 1.6% in the third quarter. Oppenheimer & Co. Inc. now owns 8,841 shares of the company’s stock worth $983,000 after purchasing an additional 137 shares in the last quarter. National Bank of Canada FI grew its stake in Invesco CurrencyShares Swiss Franc Trust by 16.9% in the third quarter. National Bank of Canada FI now owns 1,100 shares of the company’s stock worth $122,000 after purchasing an additional 159 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in Invesco CurrencyShares Swiss Franc Trust in the first quarter worth about $25,000. LPL Financial LLC grew its stake in Invesco CurrencyShares Swiss Franc Trust by 1.6% in the fourth quarter. LPL Financial LLC now owns 14,295 shares of the company’s stock worth $1,595,000 after purchasing an additional 224 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Invesco CurrencyShares Swiss Franc Trust by 0.6% in the third quarter. HighTower Advisors LLC now owns 42,043 shares of the company’s stock worth $4,676,000 after purchasing an additional 238 shares in the last quarter.

Invesco CurrencyShares Swiss Franc Trust Stock Down 0.2%

NYSEARCA:FXF traded down $0.17 during mid-day trading on Friday, reaching $110.71. The stock had a trading volume of 55,214 shares, compared to its average volume of 113,182. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $108.18 and a 1-year high of $116.30. The stock’s 50 day simple moving average is $112.08 and its two-hundred day simple moving average is $112.15.

Invesco CurrencyShares Swiss Franc Trust Company Profile

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.