Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) Short Interest Down 16.6% in January

Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 20,346 shares, a decrease of 16.6% from the December 31st total of 24,385 shares. Based on an average daily volume of 65,154 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 65,154 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco MSCI EAFE Income Advantage ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. MADDEN SECURITIES Corp acquired a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at about $500,000. Flagship Harbor Advisors LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF in the second quarter valued at approximately $315,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco MSCI EAFE Income Advantage ETF by 94.0% in the second quarter. Wealthcare Advisory Partners LLC now owns 9,601 shares of the company’s stock valued at $495,000 after acquiring an additional 4,653 shares during the period. Joel Isaacson & Co. LLC acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the 2nd quarter valued at $398,000. Finally, Split Rock Private Trading & Wealth Management LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF in the 4th quarter valued at $1,808,000.

Invesco MSCI EAFE Income Advantage ETF Stock Up 0.3%

NYSEARCA:EFAA traded up $0.17 on Monday, reaching $55.64. The company’s stock had a trading volume of 19,862 shares, compared to its average volume of 68,907. The stock has a 50 day moving average price of $54.25 and a 200 day moving average price of $53.13. The firm has a market cap of $331.61 million, a price-to-earnings ratio of 16.37 and a beta of 0.25. Invesco MSCI EAFE Income Advantage ETF has a 12-month low of $43.61 and a 12-month high of $56.22.

Invesco MSCI EAFE Income Advantage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given 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 yield of 8.3%. This is an increase from Invesco MSCI EAFE Income Advantage ETF’s previous monthly dividend of $0.38.

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.