Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Short Interest Down 72.8% in May

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 21,278 shares, a decrease of 72.8% from the May 14th total of 78,348 shares. Based on an average trading volume of 45,313 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Avalon Capital Management increased its position in Invesco CurrencyShares Swiss Franc Trust by 440.9% during the 4th quarter. Avalon Capital Management now owns 83,796 shares of the company’s stock valued at $9,352,000 after purchasing an additional 68,305 shares during the period. Cibc World Market Inc. lifted its holdings in Invesco CurrencyShares Swiss Franc Trust by 0.6% in the third quarter. Cibc World Market Inc. now owns 78,463 shares of the company’s stock valued at $8,727,000 after buying an additional 500 shares during the period. Raymond James Financial Inc. lifted its holdings in Invesco CurrencyShares Swiss Franc Trust by 4.4% in the third quarter. Raymond James Financial Inc. now owns 68,385 shares of the company’s stock valued at $7,606,000 after buying an additional 2,859 shares during the period. Moneco Advisors LLC lifted its holdings in Invesco CurrencyShares Swiss Franc Trust by 66.4% in the fourth quarter. Moneco Advisors LLC now owns 45,813 shares of the company’s stock valued at $5,113,000 after buying an additional 18,287 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Invesco CurrencyShares Swiss Franc Trust by 1.2% in the fourth quarter. HighTower Advisors LLC now owns 42,546 shares of the company’s stock valued at $4,748,000 after buying an additional 503 shares during the period.

Invesco CurrencyShares Swiss Franc Trust Trading Up 0.6%

NYSEARCA FXF traded up $0.66 on Thursday, hitting $110.88. The company’s stock had a trading volume of 117,455 shares, compared to its average volume of 113,704. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $108.18 and a 1-year high of $116.30. The company’s 50-day moving average is $112.08 and its 200 day moving average is $112.15.

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.