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

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a large drop in short interest in the month of 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 sold short. Based on an average daily trading volume, of 45,313 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Avalon Capital Management grew its holdings in shares of 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 buying an additional 68,305 shares during the last quarter. Cibc World Market Inc. grew its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 0.6% during the third quarter. Cibc World Market Inc. now owns 78,463 shares of the company’s stock valued at $8,727,000 after buying an additional 500 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 4.4% during the third quarter. Raymond James Financial Inc. now owns 68,385 shares of the company’s stock valued at $7,606,000 after buying an additional 2,859 shares during the last quarter. Moneco Advisors LLC grew its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 66.4% during the fourth quarter. Moneco Advisors LLC now owns 45,813 shares of the company’s stock valued at $5,113,000 after buying an additional 18,287 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 1.2% during the fourth quarter. HighTower Advisors LLC now owns 42,546 shares of the company’s stock valued at $4,748,000 after buying an additional 503 shares during the last quarter.

Invesco CurrencyShares Swiss Franc Trust Price Performance

Shares of NYSEARCA:FXF traded up $0.66 during trading on Thursday, reaching $110.88. 117,455 shares of the stock were exchanged, compared to its average volume of 113,704. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $108.18 and a 1-year high of $116.30. The stock has a fifty day moving average of $112.08 and a two-hundred day moving average of $112.15.

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.