Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Up 62.5% in December

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 22,741 shares, an increase of 62.5% from the November 30th total of 13,994 shares. Based on an average daily trading volume, of 50,528 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 50,528 shares, the days-to-cover ratio is currently 0.5 days.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Invesco MSCI EAFE Income Advantage ETF stock traded up $0.18 during midday trading on Friday, reaching $54.30. The company’s stock had a trading volume of 27,506 shares, compared to its average volume of 31,571. The stock has a market capitalization of $234.03 million, a P/E ratio of 16.37 and a beta of 0.25. The stock’s 50-day simple moving average is $53.29 and its 200-day simple moving average is $52.48. Invesco MSCI EAFE Income Advantage ETF has a 52-week low of $43.61 and a 52-week high of $55.46.

Institutional Trading of Invesco MSCI EAFE Income Advantage ETF

A number of institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter valued at approximately $67,000. Private Trust Co. NA purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF during the third quarter valued at $121,000. Cerity Partners LLC acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the 2nd quarter valued at $206,000. Western Wealth Management LLC purchased a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth $271,000. Finally, Stephens Inc. AR purchased a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth $275,000.

About Invesco MSCI EAFE Income Advantage ETF

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.