Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Short Interest Update

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a significant decrease in short interest during 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 daily trading volume, of 45,313 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco CurrencyShares Swiss Franc Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust in the first quarter valued at about $25,000. NBT Bank N A NY purchased a new position in Invesco CurrencyShares Swiss Franc Trust during the fourth quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco CurrencyShares Swiss Franc Trust during the fourth quarter worth about $33,000. Kestra Advisory Services LLC purchased a new position in Invesco CurrencyShares Swiss Franc Trust during the fourth quarter worth about $37,000. Finally, Sterling Capital Management LLC purchased a new position in Invesco CurrencyShares Swiss Franc Trust during the first quarter worth about $46,000.

Invesco CurrencyShares Swiss Franc Trust Price Performance

Shares of NYSEARCA:FXF traded down $0.17 on Friday, reaching $110.71. The company’s stock had a trading volume of 55,214 shares, compared to its average volume of 113,182. The stock’s 50-day moving average is $112.08 and its two-hundred day moving average is $112.15. Invesco CurrencyShares Swiss Franc Trust has a 52-week low of $108.18 and a 52-week high of $116.30.

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.