Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Drops By 64.8%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 290 shares, a drop of 64.8% from the December 15th total of 823 shares. Based on an average trading volume of 2,339 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,339 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in the business. Cottonwood Capital Advisors LLC increased its stake in shares of 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 worth $1,674,000 after purchasing an additional 735 shares during the last quarter. Advisory Services Network LLC bought a new stake in First Trust Switzerland AlphaDEX Fund in the third quarter worth $59,000. Flow Traders U.S. LLC increased its position in First Trust Switzerland AlphaDEX Fund by 7.3% during the third quarter. Flow Traders U.S. LLC now owns 16,664 shares of the company’s stock worth $1,280,000 after buying an additional 1,131 shares during the last quarter. Raymond James Financial Inc. increased its position in First Trust Switzerland AlphaDEX Fund by 24.9% during the third quarter. Raymond James Financial Inc. now owns 6,666 shares of the company’s stock worth $512,000 after buying an additional 1,330 shares during the last quarter. Finally, MTM Investment Management LLC bought a new position in First Trust Switzerland AlphaDEX Fund during the second quarter valued at about $143,000.

First Trust Switzerland AlphaDEX Fund Stock Down 0.3%

Shares of FSZ traded down $0.28 during midday trading on Wednesday, reaching $81.12. 158 shares of the stock were exchanged, compared to its average volume of 432. The company has a market cap of $44.61 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. First Trust Switzerland AlphaDEX Fund has a 12-month low of $61.24 and a 12-month high of $81.96. The firm has a 50 day simple moving average of $78.57 and a 200-day simple moving average of $78.12.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.2836 per share. This represents a $1.13 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Switzerland AlphaDEX Fund Company Profile

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.