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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,754 shares, a decline of 61.6% from the August 31st total of 27,971 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 70,003 shares, the short-interest ratio is currently 0.2 days.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

NYSEARCA EFAA traded down $0.27 during mid-day trading on Monday, reaching $55.35. 40,015 shares of the stock were exchanged, compared to its average volume of 88,902. Invesco MSCI EAFE Income Advantage ETF has a 1-year low of $51.10 and a 1-year high of $57.39. The business’s fifty day simple moving average is $56.38 and its 200 day simple moving average is $55.25. The stock has a market capitalization of $673.06 million, a PE ratio of 16.37 and a beta of 0.36.

Institutional Investors Weigh In On Invesco MSCI EAFE Income Advantage ETF

Several hedge funds have recently made changes to their positions in EFAA. Envestnet Asset Management Inc. grew its position in shares of Invesco MSCI EAFE Income Advantage ETF by 17.7% in the second quarter. Envestnet Asset Management Inc. now owns 120,115 shares of the company’s stock valued at $6,698,000 after purchasing an additional 18,023 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth about $247,000. NewEdge Advisors LLC boosted its stake in Invesco MSCI EAFE Income Advantage ETF by 40.1% in the 2nd quarter. NewEdge Advisors LLC now owns 94,722 shares of the company’s stock worth $5,282,000 after buying an additional 27,119 shares during the last quarter. IFP Advisors Inc boosted its stake in Invesco MSCI EAFE Income Advantage ETF by 1.2% in the 2nd quarter. IFP Advisors Inc now owns 22,901 shares of the company’s stock worth $1,277,000 after buying an additional 278 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its holdings in Invesco MSCI EAFE Income Advantage ETF by 17.4% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 38,760 shares of the company’s stock valued at $2,161,000 after buying an additional 5,756 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.