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

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 13,534 shares, a decrease of 66.5% from the January 15th total of 40,416 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 68,485 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 68,485 shares, the short-interest ratio is presently 0.2 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco CurrencyShares Canadian Dollar Trust

A number of institutional investors and hedge funds have recently bought and sold shares of FXC. Geneos Wealth Management Inc. lifted its stake in Invesco CurrencyShares Canadian Dollar Trust by 45.0% during the first quarter. Geneos Wealth Management Inc. now owns 725 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 225 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Invesco CurrencyShares Canadian Dollar Trust in the third quarter valued at $204,000. Fiduciary Financial Group LLC lifted its position in shares of Invesco CurrencyShares Canadian Dollar Trust by 5.1% during the 3rd quarter. Fiduciary Financial Group LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 164 shares during the last quarter. MAI Capital Management boosted its stake in shares of Invesco CurrencyShares Canadian Dollar Trust by 88,750.0% during the 3rd quarter. MAI Capital Management now owns 3,554 shares of the exchange traded fund’s stock worth $250,000 after acquiring an additional 3,550 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Invesco CurrencyShares Canadian Dollar Trust by 54.7% in the 2nd quarter. Bank of America Corp DE now owns 6,690 shares of the exchange traded fund’s stock worth $480,000 after acquiring an additional 2,366 shares during the last quarter.

Invesco CurrencyShares Canadian Dollar Trust Trading Down 0.0%

Shares of NYSEARCA FXC traded down $0.00 during midday trading on Wednesday, hitting $72.07. The company’s stock had a trading volume of 29,216 shares, compared to its average volume of 78,002. Invesco CurrencyShares Canadian Dollar Trust has a 1-year low of $67.20 and a 1-year high of $72.47. The firm’s fifty day moving average price is $71.04 and its 200-day moving average price is $70.52.

Invesco CurrencyShares Canadian Dollar Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid 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 yield of 0.1%.

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.