Short Interest in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Decreases By 76.7%

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 21,676 shares, a decrease of 76.7% from the January 29th total of 93,143 shares. Based on an average daily volume of 34,877 shares, the short-interest ratio is currently 0.6 days. Approximately 1.5% of the company’s shares are short sold. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 34,877 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco CurrencyShares Australian Dollar Trust

A number of large investors have recently made changes to their positions in the business. Cibc World Market Inc. raised its holdings in Invesco CurrencyShares Australian Dollar Trust by 427.3% in the 4th quarter. Cibc World Market Inc. now owns 93,337 shares of the exchange traded fund’s stock worth $6,170,000 after purchasing an additional 75,637 shares in the last quarter. Jane Street Group LLC boosted its position in Invesco CurrencyShares Australian Dollar Trust by 156.0% during the 2nd quarter. Jane Street Group LLC now owns 39,451 shares of the exchange traded fund’s stock valued at $2,573,000 after acquiring an additional 24,043 shares in the last quarter. Haven Private LLC purchased a new position in shares of Invesco CurrencyShares Australian Dollar Trust during the 2nd quarter worth approximately $605,000. Cresset Asset Management LLC lifted its stake in shares of Invesco CurrencyShares Australian Dollar Trust by 10.7% in the 3rd quarter. Cresset Asset Management LLC now owns 87,245 shares of the exchange traded fund’s stock valued at $5,717,000 after purchasing an additional 8,412 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Invesco CurrencyShares Australian Dollar Trust during the third quarter valued at approximately $487,000.

Invesco CurrencyShares Australian Dollar Trust Price Performance

NYSEARCA:FXA traded down $0.07 during trading hours on Thursday, reaching $70.46. The company’s stock had a trading volume of 18,353 shares, compared to its average volume of 31,081. The firm has a 50-day simple moving average of $67.94 and a 200-day simple moving average of $65.93. Invesco CurrencyShares Australian Dollar Trust has a 1 year low of $58.90 and a 1 year high of $70.71.

Invesco CurrencyShares Australian Dollar Trust Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.0549 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Invesco CurrencyShares Australian Dollar Trust’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 0.9%.

Invesco CurrencyShares Australian Dollar Trust Company Profile

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