Short Interest in Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Decreases By 97.1%

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 9,454 shares, a decrease of 97.1% from the February 12th total of 326,090 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 136,716 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 136,716 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC boosted its position in shares of Invesco MSCI EAFE Income Advantage ETF by 1.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 17,077 shares of the company’s stock valued at $881,000 after buying an additional 245 shares during the last quarter. Cerity Partners LLC bought a new position in Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter valued at about $206,000. NewEdge Advisors LLC bought a new position in Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter valued at about $1,473,000. Jane Street Group LLC boosted its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 172.6% during the 2nd quarter. Jane Street Group LLC now owns 14,728 shares of the company’s stock valued at $760,000 after acquiring an additional 9,325 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 329.7% during the 2nd quarter. Bank of America Corp DE now owns 11,817 shares of the company’s stock valued at $610,000 after acquiring an additional 9,067 shares during the last quarter.

Invesco MSCI EAFE Income Advantage ETF Stock Down 0.2%

Shares of NYSEARCA EFAA opened at $53.89 on Thursday. The firm has a market cap of $321.18 million, a P/E ratio of 16.37 and a beta of 0.25. Invesco MSCI EAFE Income Advantage ETF has a twelve month low of $43.61 and a twelve month high of $57.12. The company has a 50 day moving average of $55.53 and a 200 day moving average of $53.94.

Invesco MSCI EAFE Income Advantage ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.3996 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend was 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.