Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Sees Large Growth in Short Interest

by · The Cerbat Gem

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 22,741 shares, an increase of 62.5% from the November 30th total of 13,994 shares. Based on an average trading volume of 50,528 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 50,528 shares, the days-to-cover ratio is presently 0.5 days.

Invesco MSCI EAFE Income Advantage ETF Trading Down 0.3%

NYSEARCA EFAA traded down $0.15 on Monday, hitting $54.15. 35,426 shares of the company’s stock were exchanged, compared to its average volume of 31,587. Invesco MSCI EAFE Income Advantage ETF has a 52 week low of $43.61 and a 52 week high of $55.46. The stock has a market cap of $233.39 million, a price-to-earnings ratio of 16.37 and a beta of 0.25. The stock has a 50-day moving average of $53.31 and a 200-day moving average of $52.50.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the second quarter valued at about $67,000. Private Trust Co. NA bought a new stake in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at about $121,000. Cerity Partners LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter worth about $206,000. Western Wealth Management LLC purchased a new position in shares of Invesco MSCI EAFE Income Advantage ETF during the 3rd quarter valued at $271,000. Finally, Stephens Inc. AR bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the third quarter worth approximately $275,000.

About Invesco MSCI EAFE Income Advantage ETF

(Get Free Report)

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.

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