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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) saw a significant increase in short interest in 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. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,834 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. LPL Financial LLC lifted its position in 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 buying an additional 114,090 shares in the last quarter. Private Advisor Group LLC increased its position in 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 valued at $19,646,000 after acquiring an additional 21,027 shares in the last quarter. Lee Johnson Capital Management LLC increased its position in Invesco MSCI EAFE Income Advantage ETF by 11.2% in the 1st quarter. Lee Johnson Capital Management LLC now owns 230,813 shares of the company’s stock valued at $12,173,000 after acquiring an additional 23,268 shares in 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 acquiring an additional 56,185 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of 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 in the last quarter.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Shares of EFAA opened at $56.86 on Friday. The company has a market capitalization of $626.03 million, a P/E ratio of 16.37 and a beta of 0.36. Invesco MSCI EAFE Income Advantage ETF has a one year low of $51.10 and a one year high of $57.39. The business’s 50 day simple moving average is $56.17 and its 200-day simple moving average is $55.24.

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.