Short Interest in Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) Declines By 62.4%

Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 29,321 shares, a decline of 62.4% from the January 29th total of 77,968 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 209,179 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 209,179 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco CurrencyShares Swiss Franc Trust

Hedge funds have recently bought and sold shares of the company. NBT Bank N A NY bought a new stake in Invesco CurrencyShares Swiss Franc Trust during the 4th quarter worth approximately $28,000. Kestra Advisory Services LLC purchased a new position in shares of Invesco CurrencyShares Swiss Franc Trust during the 4th quarter valued at $37,000. National Bank of Canada FI increased its holdings in shares of Invesco CurrencyShares Swiss Franc Trust by 16.9% in the third 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. Nvwm LLC bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the second quarter worth $131,000. Finally, North Capital Inc. purchased a new stake in shares of Invesco CurrencyShares Swiss Franc Trust in the third quarter worth $150,000.

Invesco CurrencyShares Swiss Franc Trust Stock Performance

FXF traded up $0.76 during trading on Friday, reaching $114.88. 97,118 shares of the company were exchanged, compared to its average volume of 176,262. Invesco CurrencyShares Swiss Franc Trust has a 12-month low of $98.27 and a 12-month high of $116.30. The company’s 50-day moving average is $112.91 and its two-hundred day moving average is $111.44.

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.