Short Interest in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Grows By 129.9%

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 52,036 shares, a growth of 129.9% from the April 15th total of 22,638 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average trading volume of 94,591 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Invesco CurrencyShares Swiss Franc Trust

Several hedge funds have recently modified their holdings of the business. MONECO Advisors LLC lifted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 0.5% in the 3rd quarter. MONECO Advisors LLC now owns 27,526 shares of the company’s stock worth $3,062,000 after purchasing an additional 130 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 1.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,841 shares of the company’s stock worth $983,000 after purchasing an additional 137 shares during the period. National Bank of Canada FI lifted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 16.9% in the 3rd quarter. National Bank of Canada FI now owns 1,100 shares of the company’s stock worth $122,000 after purchasing an additional 159 shares during the period. AdvisorNet Financial Inc purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust in the 1st quarter worth approximately $25,000. Finally, LPL Financial LLC lifted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 1.6% in the 4th quarter. LPL Financial LLC now owns 14,295 shares of the company’s stock worth $1,595,000 after purchasing an additional 224 shares during the period.

Invesco CurrencyShares Swiss Franc Trust Price Performance

Shares of FXF traded down $0.39 during mid-day trading on Friday, hitting $112.18. The company’s stock had a trading volume of 97,631 shares, compared to its average volume of 126,204. The company’s 50-day moving average is $112.20 and its 200-day moving average is $111.95. Invesco CurrencyShares Swiss Franc Trust has a 52-week low of $105.59 and a 52-week high of $116.30.

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.