Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Stock Short Interest Report for September

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 139,278 shares, a decline of 51.1% from the September 15th total of 284,929 shares. Based on an average trading volume of 241,327 shares, the short-interest ratio is currently 0.6 days. Approximately 1.8% of the company’s stock are sold short.

Invesco CurrencyShares Japanese Yen Trust Price Performance

Shares of Invesco CurrencyShares Japanese Yen Trust stock traded up $0.05 during trading on Thursday, hitting $57.93. 65,990 shares of the stock were exchanged, compared to its average volume of 221,136. The firm’s 50-day moving average price is $58.12 and its 200 day moving average price is $57.60. The stock has a market cap of $448.96 million, a price-to-earnings ratio of -117.92 and a beta of 0.19. Invesco CurrencyShares Japanese Yen Trust has a 12-month low of $55.96 and a 12-month high of $61.26.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Invesco CurrencyShares Japanese Yen Trust by 111.4% during the 1st quarter. Royal Bank of Canada now owns 35,358 shares of the exchange traded fund’s stock worth $2,047,000 after buying an additional 18,630 shares during the last quarter. HBW Advisory Services LLC boosted its position in shares of Invesco CurrencyShares Japanese Yen Trust by 4.8% during the 1st quarter. HBW Advisory Services LLC now owns 20,874 shares of the exchange traded fund’s stock worth $1,208,000 after acquiring an additional 952 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at about $32,000. Broussard Financial Group LLC increased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 22.6% in the 1st quarter. Broussard Financial Group LLC now owns 100,008 shares of the exchange traded fund’s stock valued at $5,788,000 after acquiring an additional 18,414 shares during the last quarter. Finally, Signet Private Wealth LLC increased its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 21.6% in the 1st quarter. Signet Private Wealth LLC now owns 9,067 shares of the exchange traded fund’s stock valued at $525,000 after acquiring an additional 1,613 shares during the last quarter.

About Invesco CurrencyShares Japanese Yen Trust

Guggenheim CurrencyShares Japanese Yen Trust, formerly CurrencyShares Japanese Yen Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Japanese Yen plus accrued interest, if any, less the expenses of the Trust’s operations. The Trust holds Japanese Yen and, from time to time, issues Baskets in exchange for deposits of Japanese Yen and distributes Japanese Yen in connection with redemptions of Baskets.