Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Sees Large Decline in Short Interest

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 29,321 shares, a decrease of 62.4% from the January 29th total of 77,968 shares. Based on an average daily trading volume, of 209,179 shares, the short-interest ratio is presently 0.1 days. Approximately 0.7% of the shares of the stock are sold short. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 209,179 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Benjamin Edwards Inc. bought a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the second quarter valued at approximately $38,260,000. Avalon Capital Management grew its stake in Invesco CurrencyShares Swiss Franc Trust by 440.9% during the fourth quarter. Avalon Capital Management now owns 83,796 shares of the company’s stock valued at $9,352,000 after acquiring an additional 68,305 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Invesco CurrencyShares Swiss Franc Trust in the 2nd quarter valued at $7,326,000. Ridge Creek Global Inc purchased a new stake in Invesco CurrencyShares Swiss Franc Trust in the 4th quarter worth $2,405,000. Finally, Jane Street Group LLC lifted its stake in Invesco CurrencyShares Swiss Franc Trust by 334.3% in the 1st quarter. Jane Street Group LLC now owns 27,045 shares of the company’s stock worth $2,715,000 after purchasing an additional 20,818 shares in the last quarter.

Invesco CurrencyShares Swiss Franc Trust Price Performance

NYSEARCA:FXF opened at $114.25 on Thursday. The business’s 50-day simple moving average is $112.78 and its two-hundred day simple moving average is $111.36. Invesco CurrencyShares Swiss Franc Trust has a 52 week low of $98.27 and a 52 week 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.