Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Update

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 16,320 shares, a decrease of 87.0% from the July 15th total of 125,647 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 72,104 shares, the days-to-cover ratio is presently 0.2 days.

Invesco MSCI EAFE Income Advantage ETF Trading Up 0.1%

NYSEARCA EFAA traded up $0.03 during trading hours on Thursday, reaching $57.34. The company had a trading volume of 44,064 shares, compared to its average volume of 92,882. The stock has a 50-day moving average of $55.82 and a 200 day moving average of $55.14. Invesco MSCI EAFE Income Advantage ETF has a 1-year low of $51.10 and a 1-year high of $57.39. The stock has a market capitalization of $631.31 million, a P/E ratio of 16.37 and a beta of 0.36.

Hedge Funds Weigh In On Invesco MSCI EAFE Income Advantage ETF

A number of hedge funds have recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its holdings in Invesco MSCI EAFE Income Advantage ETF by 4.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 17,768 shares of the company’s stock valued at $991,000 after purchasing an additional 752 shares during the last quarter. Western Wealth Management LLC boosted its position in shares of Invesco MSCI EAFE Income Advantage ETF by 45.8% during the first quarter. Western Wealth Management LLC now owns 16,741 shares of the company’s stock worth $883,000 after buying an additional 5,261 shares during the period. NewEdge Advisors LLC grew its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 60.5% in the first quarter. NewEdge Advisors LLC now owns 67,603 shares of the company’s stock valued at $3,565,000 after buying an additional 25,479 shares in the last quarter. Verus Capital Partners LLC raised its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 39.8% in the 1st quarter. Verus Capital Partners LLC now owns 7,333 shares of the company’s stock valued at $387,000 after buying an additional 2,089 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 210.8% in the 1st quarter. Bank of America Corp DE now owns 36,247 shares of the company’s stock valued at $1,912,000 after buying an additional 24,584 shares during the period.

Invesco MSCI EAFE Income Advantage ETF Company Profile

The Invesco MSCI EAFE Income Advantage ETF (EFAA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the MSCI EAFE Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection EFAA was launched on Jul 17, 2024 and is issued by Invesco.