Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Short Interest Up 75.3% in December

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 56,031 shares, a growth of 75.3% from the November 30th total of 31,963 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily volume of 47,798 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 47,798 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.6% of the company’s shares are short sold.

Invesco CurrencyShares Swiss Franc Trust Trading Down 0.1%

NYSEARCA FXF traded down $0.08 during trading hours on Monday, hitting $112.00. 67,533 shares of the company’s stock were exchanged, compared to its average volume of 79,034. The stock has a 50-day simple moving average of $110.63 and a 200 day simple moving average of $110.61. Invesco CurrencyShares Swiss Franc Trust has a 1-year low of $96.61 and a 1-year high of $113.12.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Benjamin Edwards Inc. bought a new position in Invesco CurrencyShares Swiss Franc Trust during the second quarter worth $38,260,000. Confluence Investment Management LLC acquired a new position in shares of Invesco CurrencyShares Swiss Franc Trust during the second quarter valued at about $16,025,000. Hengehold Capital Management LLC bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust during the 2nd quarter worth about $11,135,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco CurrencyShares Swiss Franc Trust in the 2nd quarter valued at about $7,326,000. Finally, Jane Street Group LLC increased its position in Invesco CurrencyShares Swiss Franc Trust by 334.3% in the 1st quarter. Jane Street Group LLC now owns 27,045 shares of the company’s stock valued at $2,715,000 after buying an additional 20,818 shares in the last quarter.

Invesco CurrencyShares Swiss Franc Trust Company Profile

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.