First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Sees Significant Drop in Short Interest

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 4 shares, a decline of 99.0% from the January 29th total of 405 shares. Based on an average trading volume of 6,140 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,140 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Switzerland AlphaDEX Fund Price Performance

FSZ stock opened at $86.15 on Thursday. The firm has a market cap of $47.38 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. First Trust Switzerland AlphaDEX Fund has a 1-year low of $61.24 and a 1-year high of $86.44. The firm has a fifty day moving average price of $82.59 and a two-hundred day moving average price of $79.36.

First Trust Switzerland AlphaDEX Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.2836 per share. The ex-dividend date was Friday, December 12th. This represents a $1.13 annualized dividend and a yield of 1.3%.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Several hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP grew its stake in First Trust Switzerland AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 428,728 shares of the company’s stock worth $32,935,000 after buying an additional 82,914 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of First Trust Switzerland AlphaDEX Fund by 216.5% in the 1st quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock worth $5,177,000 after acquiring an additional 52,346 shares during the period. Susquehanna International Group LLP lifted its position in First Trust Switzerland AlphaDEX Fund by 259.8% in the 3rd quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock valued at $2,784,000 after purchasing an additional 26,165 shares during the last quarter. Cottonwood Capital Advisors LLC boosted its stake in First Trust Switzerland AlphaDEX Fund by 3.5% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 21,786 shares of the company’s stock valued at $1,674,000 after purchasing an additional 735 shares during the period. Finally, Flow Traders U.S. LLC boosted its stake in First Trust Switzerland AlphaDEX Fund by 7.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 16,664 shares of the company’s stock valued at $1,280,000 after purchasing an additional 1,131 shares during the period.

About First Trust Switzerland AlphaDEX Fund

The First Trust Switzerland AlphaDEX Fund (FSZ) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Switzerland index. The fund tracks a tiered, equal-weighted index of 40 Swiss companies selected from the NASDAQ Switzerland Index. It aims to outperform the broader market using a quant-based methodology. FSZ was launched on Feb 14, 2012 and is managed by First Trust.