Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Up 96.5% in July

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 125,647 shares, an increase of 96.5% from the June 30th total of 63,955 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 148,951 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. LPL Financial LLC raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 27.0% during the fourth quarter. LPL Financial LLC now owns 536,601 shares of the company’s stock valued at $29,003,000 after purchasing an additional 114,090 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the 4th quarter valued at about $3,915,000. Chicago Partners Investment Group LLC increased its stake in Invesco MSCI EAFE Income Advantage ETF by 280.7% during the 1st quarter. Chicago Partners Investment Group LLC now owns 95,375 shares of the company’s stock valued at $5,189,000 after buying an additional 70,325 shares during the period. SageGuard Financial Group LLC bought a new stake in shares of Invesco MSCI EAFE Income Advantage ETF during the 4th quarter worth about $3,777,000. Finally, UBS Group AG raised its position in shares of Invesco MSCI EAFE Income Advantage ETF by 107.5% during the 4th quarter. UBS Group AG now owns 114,323 shares of the company’s stock worth $6,179,000 after buying an additional 59,234 shares in the last quarter.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Shares of EFAA stock opened at $55.36 on Thursday. Invesco MSCI EAFE Income Advantage ETF has a 12-month low of $50.24 and a 12-month high of $57.12. The firm has a market capitalization of $609.51 million, a price-to-earnings ratio of 16.37 and a beta of 0.37. The business has a 50 day simple moving average of $55.49 and a 200 day simple moving average of $55.00.

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.