Short Interest in Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Expands By 260.0%

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 58,756 shares, an increase of 260.0% from the July 30th total of 16,320 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 76,834 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Invesco MSCI EAFE Income Advantage ETF

Hedge funds have recently made changes to their positions in the business. LPL Financial LLC increased its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 27.0% during the 4th quarter. LPL Financial LLC now owns 536,601 shares of the company’s stock worth $29,003,000 after acquiring an additional 114,090 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Invesco MSCI EAFE Income Advantage ETF by 6.1% during the 4th quarter. Private Advisor Group LLC now owns 363,482 shares of the company’s stock valued at $19,646,000 after purchasing an additional 21,027 shares during the last quarter. Lee Johnson Capital Management LLC lifted its holdings in Invesco MSCI EAFE Income Advantage ETF by 11.2% during the 1st quarter. Lee Johnson Capital Management LLC now owns 230,813 shares of the company’s stock valued at $12,173,000 after purchasing an additional 23,268 shares during the last quarter. Cetera Investment Advisers boosted its position in Invesco MSCI EAFE Income Advantage ETF by 58.2% during the first quarter. Cetera Investment Advisers now owns 152,789 shares of the company’s stock worth $8,058,000 after purchasing an additional 56,185 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its position in Invesco MSCI EAFE Income Advantage ETF by 33.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 132,620 shares of the company’s stock worth $7,168,000 after purchasing an additional 33,043 shares during the period.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

Shares of NYSEARCA:EFAA opened at $57.00 on Thursday. Invesco MSCI EAFE Income Advantage ETF has a 52-week low of $51.10 and a 52-week high of $57.39. The company has a market capitalization of $627.57 million, a P/E ratio of 16.37 and a beta of 0.36. The company has a 50-day simple moving average of $56.15 and a 200 day simple moving average of $55.23.

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.