Invesco CurrencyShares Swiss Franc Trust (NYSEARCA:FXF – Get Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 52,036 shares, an increase of 129.9% from the April 15th total of 22,638 shares. Based on an average trading volume of 94,591 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.2% of the shares of the company are sold short.
Institutional Investors Weigh In On Invesco CurrencyShares Swiss Franc Trust
Several large investors have recently made changes to their positions in FXF. Avalon Capital Management boosted its position in shares of Invesco CurrencyShares Swiss Franc Trust by 440.9% during the fourth quarter. Avalon Capital Management now owns 83,796 shares of the company’s stock worth $9,352,000 after buying an additional 68,305 shares during the period. Raymond James Financial Inc. bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the second quarter worth $7,326,000. Ridge Creek Global Inc bought a new position in shares of Invesco CurrencyShares Swiss Franc Trust in the fourth quarter worth $2,405,000. Jane Street Group LLC lifted its holdings in Invesco CurrencyShares Swiss Franc Trust by 334.3% in the first quarter. Jane Street Group LLC now owns 27,045 shares of the company’s stock worth $2,715,000 after purchasing an additional 20,818 shares during the period. Finally, Moneco Advisors LLC grew its position in Invesco CurrencyShares Swiss Franc Trust by 66.4% in the 4th quarter. Moneco Advisors LLC now owns 45,813 shares of the company’s stock valued at $5,113,000 after buying an additional 18,287 shares in the last quarter.
Invesco CurrencyShares Swiss Franc Trust Stock Down 0.3%
Shares of FXF stock traded down $0.39 during trading hours on Friday, reaching $112.18. The stock had a trading volume of 97,631 shares, compared to its average volume of 126,204. The firm has a 50-day simple moving average of $112.20 and a 200-day simple moving average of $111.95. Invesco CurrencyShares Swiss Franc Trust has a twelve month low of $105.59 and a twelve month 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.
See Also
- Five stocks we like better than Invesco CurrencyShares Swiss Franc Trust
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for Invesco CurrencyShares Swiss Franc Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco CurrencyShares Swiss Franc Trust and related companies with MarketBeat.com's FREE daily email newsletter.
