Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Sees Significant Drop in Short Interest

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 44,128 shares, a drop of 33.7% from the December 31st total of 66,572 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 73,624 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 73,624 shares, the short-interest ratio is presently 0.6 days. Currently, 1.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Benjamin Edwards Inc. acquired a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the second quarter worth about $38,260,000. Raymond James Financial Inc. acquired a new position in shares of Invesco CurrencyShares Swiss Franc Trust during the second quarter worth $7,326,000. Jane Street Group LLC raised its stake in Invesco CurrencyShares Swiss Franc Trust by 334.3% in the first quarter. Jane Street Group LLC now owns 27,045 shares of the company’s stock valued at $2,715,000 after buying an additional 20,818 shares in the last quarter. Avalon Capital Management acquired a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 2nd quarter worth about $1,748,000. Finally, Pure Financial Advisors LLC acquired a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 2nd quarter worth about $1,509,000.

Invesco CurrencyShares Swiss Franc Trust Stock Performance

Shares of Invesco CurrencyShares Swiss Franc Trust stock traded down $1.03 during midday trading on Friday, hitting $114.40. The company had a trading volume of 193,885 shares, compared to its average volume of 157,509. The company has a fifty day simple moving average of $111.32 and a 200 day simple moving average of $110.86. Invesco CurrencyShares Swiss Franc Trust has a 12-month low of $96.99 and a 12-month high of $116.30.

About Invesco CurrencyShares Swiss Franc Trust

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.