Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) Short Interest Update

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 28,590 shares, a growth of 111.2% from the January 29th total of 13,534 shares. Based on an average daily trading volume, of 66,128 shares, the short-interest ratio is currently 0.4 days. Currently, 2.6% of the shares of the stock are short sold. Currently, 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 66,128 shares, the short-interest ratio is currently 0.4 days.

Invesco CurrencyShares Canadian Dollar Trust Stock Up 0.3%

Shares of FXC stock traded up $0.21 on Friday, reaching $71.62. The company had a trading volume of 76,470 shares, compared to its average volume of 84,427. Invesco CurrencyShares Canadian Dollar Trust has a one year low of $67.20 and a one year high of $72.47. The business’s 50-day moving average is $71.26 and its 200 day moving average is $70.58.

Invesco CurrencyShares Canadian Dollar Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a dividend of $0.0071 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 0.1%.

Hedge Funds Weigh In On Invesco CurrencyShares Canadian Dollar Trust

Large investors have recently bought and sold shares of the company. Royal Bank of Canada increased its position in Invesco CurrencyShares Canadian Dollar Trust by 8,401.4% during the 1st quarter. Royal Bank of Canada now owns 59,935 shares of the exchange traded fund’s stock valued at $4,075,000 after purchasing an additional 59,230 shares during the period. Ashton Thomas Private Wealth LLC boosted its stake in shares of Invesco CurrencyShares Canadian Dollar Trust by 17.8% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 34,314 shares of the exchange traded fund’s stock valued at $2,442,000 after purchasing an additional 5,176 shares during the last quarter. Virtu Financial LLC increased its position in shares of Invesco CurrencyShares Canadian Dollar Trust by 163.1% during the third quarter. Virtu Financial LLC now owns 22,164 shares of the exchange traded fund’s stock worth $1,557,000 after buying an additional 13,741 shares during the period. Oppenheimer & Co. Inc. bought a new position in Invesco CurrencyShares Canadian Dollar Trust during the fourth quarter worth $854,000. Finally, Haven Private LLC acquired a new position in Invesco CurrencyShares Canadian Dollar Trust in the second quarter valued at $610,000.

Invesco CurrencyShares Canadian Dollar Trust Company Profile

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Canadian Dollars. The Bank of New York Mellon serves as the Trustee. The Trust’s sponsor is Rydex Specialized Products LLC, which is doing business as Rydex Investments.