Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Short Interest Up 76.7% in January

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 77,968 shares, a growth of 76.7% from the January 15th total of 44,128 shares. Based on an average trading volume of 241,494 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.8% of the company’s shares are sold short. Approximately 1.8% of the company’s shares are sold short. Based on an average trading volume of 241,494 shares, the days-to-cover ratio is currently 0.3 days.

Invesco CurrencyShares Swiss Franc Trust Price Performance

Shares of Invesco CurrencyShares Swiss Franc Trust stock traded up $0.25 on Friday, reaching $115.11. The company had a trading volume of 152,412 shares, compared to its average volume of 174,724. The firm’s 50-day moving average price is $112.20 and its two-hundred day moving average price is $111.10. Invesco CurrencyShares Swiss Franc Trust has a 1 year low of $98.13 and a 1 year high of $116.30.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. NewSquare Capital LLC raised its position in Invesco CurrencyShares Swiss Franc Trust by 0.6% during the 2nd quarter. NewSquare Capital LLC now owns 18,123 shares of the company’s stock valued at $2,026,000 after purchasing an additional 103 shares in the last quarter. Nvwm LLC raised its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 10.7% in the third quarter. Nvwm LLC now owns 1,296 shares of the company’s stock valued at $144,000 after acquiring an additional 125 shares in the last quarter. MONECO Advisors LLC lifted its stake in Invesco CurrencyShares Swiss Franc Trust by 0.5% in the third quarter. MONECO Advisors LLC now owns 27,526 shares of the company’s stock worth $3,062,000 after acquiring an additional 130 shares during the period. Oppenheimer & Co. Inc. grew its holdings 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 worth $983,000 after acquiring an additional 137 shares in the last quarter. Finally, National Bank of Canada FI increased its position in Invesco CurrencyShares Swiss Franc Trust by 16.9% during the 3rd quarter. National Bank of Canada FI now owns 1,100 shares of the company’s stock valued at $122,000 after purchasing an additional 159 shares during the period.

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.