Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Sees Significant Decline in Short Interest

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 29,321 shares, a decline of 62.4% from the January 29th total of 77,968 shares. Based on an average trading volume of 209,179 shares, the short-interest ratio is presently 0.1 days. Currently, 0.7% of the shares of the company are short sold. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 209,179 shares, the short-interest ratio is presently 0.1 days.

Invesco CurrencyShares Swiss Franc Trust Stock Up 0.1%

Shares of Invesco CurrencyShares Swiss Franc Trust stock opened at $114.25 on Thursday. The stock’s fifty day moving average is $112.78 and its 200 day moving average is $111.36. Invesco CurrencyShares Swiss Franc Trust has a one year low of $98.27 and a one year high of $116.30.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Compound Planning Inc. purchased a new stake in Invesco CurrencyShares Swiss Franc Trust in the 4th quarter worth approximately $202,000. Cetera Investment Advisers boosted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 9.4% in the fourth quarter. Cetera Investment Advisers now owns 2,798 shares of the company’s stock worth $312,000 after purchasing an additional 240 shares during the period. Osaic Holdings Inc. increased its stake in shares of Invesco CurrencyShares Swiss Franc Trust by 22.0% in the fourth quarter. Osaic Holdings Inc. now owns 4,885 shares of the company’s stock worth $545,000 after purchasing an additional 882 shares in the last quarter. Evercore Wealth Management LLC increased its stake in shares of Invesco CurrencyShares Swiss Franc Trust by 19.2% in the fourth quarter. Evercore Wealth Management LLC now owns 2,450 shares of the company’s stock worth $273,000 after purchasing an additional 395 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Invesco CurrencyShares Swiss Franc Trust by 27.1% during the 4th quarter. Royal Bank of Canada now owns 5,856 shares of the company’s stock valued at $654,000 after purchasing an additional 1,250 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.