Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Sees Large Growth in Short Interest

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 45,400 shares, a growth of 171.9% from the August 31st total of 16,700 shares. Based on an average daily volume of 74,400 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 74,400 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco CurrencyShares Swiss Franc Trust

Several large investors have recently added to or reduced their stakes in the business. NewSquare Capital LLC increased its position in Invesco CurrencyShares Swiss Franc Trust by 0.6% in the 2nd quarter. NewSquare Capital LLC now owns 18,123 shares of the company’s stock valued at $2,026,000 after acquiring an additional 103 shares during the period. US Bancorp DE increased its position in Invesco CurrencyShares Swiss Franc Trust by 14.2% in the 1st quarter. US Bancorp DE now owns 2,065 shares of the company’s stock valued at $207,000 after acquiring an additional 256 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in Invesco CurrencyShares Swiss Franc Trust in the 2nd quarter valued at approximately $43,000. Envestnet Asset Management Inc. increased its position in shares of Invesco CurrencyShares Swiss Franc Trust by 11.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,153 shares of the company’s stock valued at $818,000 after purchasing an additional 836 shares during the period. Finally, Baker Ellis Asset Management LLC increased its position in shares of Invesco CurrencyShares Swiss Franc Trust by 47.6% during the 1st quarter. Baker Ellis Asset Management LLC now owns 3,100 shares of the company’s stock valued at $311,000 after purchasing an additional 1,000 shares during the period.

Invesco CurrencyShares Swiss Franc Trust Trading Up 0.3%

Shares of Invesco CurrencyShares Swiss Franc Trust stock opened at $111.31 on Friday. The business’s 50 day simple moving average is $110.53 and its 200-day simple moving average is $108.60. Invesco CurrencyShares Swiss Franc Trust has a twelve month low of $96.61 and a twelve month high of $113.12.

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.