Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Down 52.4% in August

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 27,971 shares, a decline of 52.4% from the August 15th total of 58,756 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 60,866 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco MSCI EAFE Income Advantage ETF

A number of hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in Invesco MSCI EAFE Income Advantage ETF by 27.0% in the 4th quarter. LPL Financial LLC now owns 536,601 shares of the company’s stock valued at $29,003,000 after acquiring an additional 114,090 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 6.1% in the 4th quarter. Private Advisor Group LLC now owns 363,482 shares of the company’s stock worth $19,646,000 after purchasing an additional 21,027 shares in the last quarter. Lee Johnson Capital Management LLC raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 11.2% in the first quarter. Lee Johnson Capital Management LLC now owns 230,813 shares of the company’s stock worth $12,173,000 after purchasing an additional 23,268 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 58.2% in 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 last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 33.2% in 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 last quarter.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

NYSEARCA:EFAA opened at $56.31 on Monday. The firm has a market cap of $619.97 million, a P/E ratio of 16.37 and a beta of 0.36. Invesco MSCI EAFE Income Advantage ETF has a fifty-two week low of $51.10 and a fifty-two week high of $57.39. The firm has a 50-day simple moving average of $56.40 and a two-hundred day simple moving average of $55.22.

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.