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

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 7,522 shares, a decline of 63.0% from the January 15th total of 20,346 shares. Based on an average trading volume of 78,529 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 78,529 shares, the days-to-cover ratio is currently 0.1 days.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

Shares of EFAA opened at $56.79 on Wednesday. Invesco MSCI EAFE Income Advantage ETF has a one year low of $43.61 and a one year high of $56.83. The stock’s fifty day moving average is $54.71 and its 200-day moving average is $53.35. The firm has a market capitalization of $338.47 million, a price-to-earnings ratio of 16.37 and a beta of 0.25.

Invesco MSCI EAFE Income Advantage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.3867 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. This is an increase from Invesco MSCI EAFE Income Advantage ETF’s previous monthly dividend of $0.38.

Institutional Investors Weigh In On Invesco MSCI EAFE Income Advantage ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EFAA. Murphy & Mullick Capital Management Corp acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF during the 4th quarter valued at $43,000. NBC Securities Inc. boosted its stake in Invesco MSCI EAFE Income Advantage ETF by 53.3% during the fourth quarter. NBC Securities Inc. now owns 1,150 shares of the company’s stock valued at $62,000 after buying an additional 400 shares in the last quarter. Osaic Holdings Inc. acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth about $67,000. Private Trust Co. NA acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the third quarter worth about $121,000. Finally, Stratos Wealth Partners LTD. bought a new stake in Invesco MSCI EAFE Income Advantage ETF in the fourth quarter worth about $207,000.

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.