Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Up 127.4% in September

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 24,100 shares, a growth of 127.4% from the August 31st total of 10,600 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Invesco MSCI EAFE Income Advantage ETF

Several institutional investors and hedge funds have recently modified their holdings of EFAA. LPL Financial LLC purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the first quarter worth approximately $8,217,000. Lifestyle Asset Management Inc. purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the second quarter worth approximately $2,327,000. NewEdge Advisors LLC purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the second quarter worth approximately $1,473,000. Brown Lisle Cummings Inc. raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 1,005.8% in the first quarter. Brown Lisle Cummings Inc. now owns 17,527 shares of the company’s stock worth $854,000 after purchasing an additional 15,942 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 172.6% in the second quarter. Jane Street Group LLC now owns 14,728 shares of the company’s stock worth $760,000 after purchasing an additional 9,325 shares during the last quarter.

Invesco MSCI EAFE Income Advantage ETF Stock Up 0.3%

Shares of Invesco MSCI EAFE Income Advantage ETF stock opened at $53.27 on Monday. The company has a market cap of $208.29 million and a PE ratio of 16.37. Invesco MSCI EAFE Income Advantage ETF has a 52 week low of $43.61 and a 52 week high of $55.46. The business has a 50 day moving average price of $52.30 and a 200-day moving average price of $50.81.

About Invesco MSCI EAFE Income Advantage ETF

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.