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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 30,935 shares, a growth of 75.7% from the March 15th total of 17,609 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 78,611 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco MSCI EAFE Income Advantage ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. MADDEN SECURITIES Corp acquired a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth $500,000. Advisor OS LLC acquired a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth $1,628,000. Jones Financial Companies Lllp increased its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 122.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 87,503 shares of the company’s stock worth $4,583,000 after acquiring an additional 48,156 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 6.0% in the 3rd quarter. Private Advisor Group LLC now owns 342,455 shares of the company’s stock worth $18,106,000 after acquiring an additional 19,248 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 4th quarter worth $1,621,000.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

Shares of EFAA stock opened at $54.50 on Monday. The stock’s fifty day moving average is $54.55 and its two-hundred day moving average is $53.98. The firm has a market capitalization of $442.00 million, a P/E ratio of 16.37 and a beta of 0.40. Invesco MSCI EAFE Income Advantage ETF has a fifty-two week low of $46.18 and a fifty-two week high of $57.12.

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.