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

Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 439,176 shares, an increase of 143.8% from the April 15th total of 180,137 shares. Based on an average daily volume of 251,171 shares, the short-interest ratio is presently 1.7 days. Approximately 5.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. HBW Advisory Services LLC raised its stake in shares of Invesco CurrencyShares Japanese Yen Trust by 4.8% during the first 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 stake in shares of Invesco CurrencyShares Japanese Yen Trust in the 1st quarter valued at $32,000. Broussard Financial Group LLC boosted its stake 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 purchasing an additional 18,414 shares in the last quarter. Signet Private Wealth LLC grew its holdings in shares of Invesco CurrencyShares Japanese Yen Trust by 21.6% during the 1st quarter. Signet Private Wealth LLC now owns 9,067 shares of the exchange traded fund’s stock valued at $525,000 after purchasing an additional 1,613 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in Invesco CurrencyShares Japanese Yen Trust in the 4th quarter worth $1,531,000.

Invesco CurrencyShares Japanese Yen Trust Stock Down 0.2%

Shares of Invesco CurrencyShares Japanese Yen Trust stock traded down $0.11 during trading on Friday, hitting $57.90. 132,253 shares of the stock traded hands, compared to its average volume of 211,743. The stock has a market cap of $434.21 million, a price-to-earnings ratio of -117.92 and a beta of 0.20. Invesco CurrencyShares Japanese Yen Trust has a 52 week low of $57.22 and a 52 week high of $64.72. The firm’s fifty day moving average is $57.85 and its 200-day moving average is $58.64.

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.