Short Interest in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Grows By 26.2%

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 21,597 shares, a growth of 26.2% from the December 31st total of 17,119 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average trading volume of 13,308 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 13,308 shares, the short-interest ratio is presently 1.6 days. Approximately 1.7% of the company’s stock are short sold.

Invesco CurrencyShares Australian Dollar Trust Stock Up 1.0%

Shares of FXA stock traded up $0.71 on Tuesday, hitting $69.52. The company’s stock had a trading volume of 29,428 shares, compared to its average volume of 32,874. Invesco CurrencyShares Australian Dollar Trust has a fifty-two week low of $58.90 and a fifty-two week high of $70.15. The firm’s fifty day moving average price is $66.39 and its 200-day moving average price is $65.29.

Invesco CurrencyShares Australian Dollar Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 6th. Shareholders of record on Monday, February 2nd will be given a $0.0549 dividend. This is an increase from Invesco CurrencyShares Australian Dollar Trust’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FXA. Bank of Montreal Can bought a new position in shares of Invesco CurrencyShares Australian Dollar Trust in the second quarter valued at approximately $369,000. Mutual Advisors LLC acquired a new position in shares of Invesco CurrencyShares Australian Dollar Trust during the second quarter worth approximately $1,727,000. Haven Private LLC acquired a new position in Invesco CurrencyShares Australian Dollar Trust during the 2nd quarter valued at $605,000. Unconventional Investor LLC acquired a new position in shares of Invesco CurrencyShares Australian Dollar Trust during the second quarter valued at about $509,000. Finally, Cresset Asset Management LLC raised its holdings in Invesco CurrencyShares Australian Dollar Trust by 10.7% in the 3rd quarter. Cresset Asset Management LLC now owns 87,245 shares of the exchange traded fund’s stock valued at $5,717,000 after acquiring an additional 8,412 shares in the last quarter.

About Invesco CurrencyShares Australian Dollar Trust

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities.