Short Interest in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Increases By 513.9%

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 22,100 shares, agrowthof513.9% from the July 15th total of 3,600 shares. Based on an average daily volume of 38,100 shares, the days-to-cover ratio is currently 0.6 days. Currently,1.5% of the shares of the stock are sold short. Currently,1.5% of the shares of the stock are sold short. Based on an average daily volume of 38,100 shares, the days-to-cover ratio is currently 0.6 days.

Invesco CurrencyShares Australian Dollar Trust Stock Down 0.7%

Shares of FXA opened at $64.32 on Friday. The stock has a 50 day simple moving average of $64.56 and a two-hundred day simple moving average of $63.35. Invesco CurrencyShares Australian Dollar Trust has a 1 year low of $58.90 and a 1 year high of $68.78.

Hedge Funds Weigh In On Invesco CurrencyShares Australian Dollar Trust

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Invesco CurrencyShares Australian Dollar Trust by 156.0% in the second quarter. Jane Street Group LLC now owns 39,451 shares of the exchange traded fund’s stock worth $2,573,000 after purchasing an additional 24,043 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco CurrencyShares Australian Dollar Trust during the second quarter valued at $33,000. Cresset Asset Management LLC boosted its position in shares of Invesco CurrencyShares Australian Dollar Trust by 2.8% during the second quarter. Cresset Asset Management LLC now owns 78,833 shares of the exchange traded fund’s stock valued at $5,141,000 after buying an additional 2,182 shares during the last quarter. Bank of Montreal Can purchased a new stake in shares of Invesco CurrencyShares Australian Dollar Trust during the second quarter valued at $369,000. Finally, Haven Private LLC purchased a new stake in shares of Invesco CurrencyShares Australian Dollar Trust during the second quarter valued at $605,000.

Invesco CurrencyShares Australian Dollar Trust Company Profile

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.