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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the recipient of 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 trading volume of 76,834 shares, the days-to-cover ratio is currently 0.8 days.

Invesco MSCI EAFE Income Advantage ETF Stock Down 0.3%

Shares of EFAA stock opened at $57.00 on Thursday. Invesco MSCI EAFE Income Advantage ETF has a 12-month low of $51.10 and a 12-month high of $57.39. The company has a market capitalization of $627.57 million, a PE ratio of 16.37 and a beta of 0.36. The firm has a 50 day moving average price of $56.15 and a two-hundred day moving average price of $55.23.

Institutional Trading of Invesco MSCI EAFE Income Advantage ETF

Several hedge funds have recently added to or reduced their stakes in EFAA. Cerity Partners LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF in the 2nd quarter valued at $206,000. NewEdge Advisors LLC bought a new position in Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter worth $1,473,000. Jane Street Group LLC increased its position in Invesco MSCI EAFE Income Advantage ETF by 172.6% during the 2nd quarter. Jane Street Group LLC now owns 14,728 shares of the company’s stock worth $760,000 after buying an additional 9,325 shares during the period. Bank of America Corp DE increased its position in Invesco MSCI EAFE Income Advantage ETF by 329.7% during the 2nd quarter. Bank of America Corp DE now owns 11,817 shares of the company’s stock worth $610,000 after buying an additional 9,067 shares during the period. Finally, Osaic Holdings Inc. acquired a new stake in shares of Invesco MSCI EAFE Income Advantage ETF during the second quarter worth $67,000.

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.