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

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 22,277 shares, a decline of 24.0% from the February 12th total of 29,321 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 181,473 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 181,473 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco CurrencyShares Swiss Franc Trust

Several large investors have recently modified their holdings of FXF. Nvwm LLC boosted its stake in Invesco CurrencyShares Swiss Franc Trust by 10.7% in the 3rd quarter. Nvwm LLC now owns 1,296 shares of the company’s stock worth $144,000 after purchasing an additional 125 shares in the last quarter. MONECO Advisors LLC increased its stake in Invesco CurrencyShares Swiss Franc Trust by 0.5% during the 3rd quarter. MONECO Advisors LLC now owns 27,526 shares of the company’s stock valued at $3,062,000 after purchasing an additional 130 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Invesco CurrencyShares Swiss Franc Trust by 1.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,841 shares of the company’s stock valued at $983,000 after purchasing an additional 137 shares in the last quarter. National Bank of Canada FI raised its holdings 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 buying an additional 159 shares during the last quarter. Finally, LPL Financial LLC raised its holdings 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 buying an additional 224 shares during the last quarter.

Invesco CurrencyShares Swiss Franc Trust Trading Down 0.7%

Invesco CurrencyShares Swiss Franc Trust stock traded down $0.75 during mid-day trading on Friday, hitting $111.58. The company had a trading volume of 149,571 shares, compared to its average volume of 163,734. Invesco CurrencyShares Swiss Franc Trust has a 12 month low of $100.22 and a 12 month high of $116.30. The stock’s 50 day moving average price is $113.15 and its two-hundred day moving average price is $111.65.

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.