Short Interest in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Increases By 129.9%

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 52,036 shares, a growth of 129.9% from the April 15th total of 22,638 shares. Based on an average daily volume of 94,591 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the company’s stock are short sold.

Invesco CurrencyShares Swiss Franc Trust Trading Down 0.3%

NYSEARCA FXF traded down $0.39 on Friday, reaching $112.18. The company had a trading volume of 97,631 shares, compared to its average volume of 126,204. The company’s fifty day moving average is $112.20 and its 200 day moving average is $111.96. Invesco CurrencyShares Swiss Franc Trust has a 52-week low of $105.59 and a 52-week high of $116.30.

Institutional Investors Weigh In On Invesco CurrencyShares Swiss Franc Trust

Several large investors have recently made changes to their positions in FXF. AdvisorNet Financial Inc purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 1st quarter worth approximately $25,000. NBT Bank N A NY purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 4th quarter worth approximately $33,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 4th quarter worth approximately $37,000. Finally, Sterling Capital Management LLC purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust during the 1st quarter worth approximately $46,000.

Invesco CurrencyShares Swiss Franc Trust Company Profile

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.