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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 326,090 shares, an increase of 4,235.2% from the January 29th total of 7,522 shares. Currently, 5.5% of the company’s stock are short sold. Based on an average daily volume of 133,669 shares, the short-interest ratio is currently 2.4 days. Based on an average daily volume of 133,669 shares, the short-interest ratio is currently 2.4 days. Currently, 5.5% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco MSCI EAFE Income Advantage ETF

Several hedge funds have recently modified their holdings of EFAA. MADDEN SECURITIES Corp bought a new position in Invesco MSCI EAFE Income Advantage ETF in the third quarter worth approximately $500,000. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the 2nd quarter valued at $315,000. MJP Associates Inc. ADV bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth $1,348,000. Jones Financial Companies Lllp raised its position 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 in the last quarter. Finally, Advisor OS LLC purchased a new stake in shares of Invesco MSCI EAFE Income Advantage ETF during the 3rd quarter worth $1,628,000.

Invesco MSCI EAFE Income Advantage ETF Trading Up 0.8%

EFAA opened at $57.03 on Thursday. Invesco MSCI EAFE Income Advantage ETF has a 12-month low of $43.61 and a 12-month high of $57.12. The business’s fifty day simple moving average is $55.40 and its 200-day simple moving average is $53.77. The company has a market capitalization of $339.90 million, a price-to-earnings ratio of 16.37 and a beta of 0.25.

Invesco MSCI EAFE Income Advantage ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be issued a dividend of $0.3996 per share. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Monday, February 23rd. This is a positive change from Invesco MSCI EAFE Income Advantage ETF’s previous monthly dividend of $0.39.

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.