Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) Short Interest Update

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 421,583 shares, an increase of 62.0% from the July 15th total of 260,166 shares. Approximately 5.4% of the shares of the company are short sold. Based on an average trading volume of 409,436 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Invesco CurrencyShares Japanese Yen Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in Invesco CurrencyShares Japanese Yen Trust by 111.4% during the first quarter. Royal Bank of Canada now owns 35,358 shares of the exchange traded fund’s stock worth $2,047,000 after acquiring an additional 18,630 shares in the last quarter. HBW Advisory Services LLC grew its holdings in 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 during the last quarter. Fifth Third Bancorp acquired a new stake in Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at about $32,000. Broussard Financial Group LLC increased its position in 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 in the last quarter. Finally, Signet Private Wealth LLC increased its position in 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 in the last quarter.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.1%

NYSEARCA FXY traded down $0.05 during midday trading on Monday, hitting $57.53. The company had a trading volume of 113,726 shares, compared to its average volume of 221,336. Invesco CurrencyShares Japanese Yen Trust has a fifty-two week low of $55.96 and a fifty-two week high of $63.26. The stock has a market cap of $445.86 million, a price-to-earnings ratio of -117.92 and a beta of 0.19. The firm has a fifty day simple moving average of $56.95 and a two-hundred day simple moving average of $57.77.

Invesco CurrencyShares Japanese Yen Trust Company Profile

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.