Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Grows By 249.1%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 405 shares, a growth of 249.1% from the January 15th total of 116 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,084 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 1,084 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

First Trust Switzerland AlphaDEX Fund Stock Performance

Shares of NASDAQ FSZ traded down $0.35 during trading hours on Wednesday, hitting $85.37. 1,975 shares of the stock were exchanged, compared to its average volume of 1,462. The company’s fifty day simple moving average is $80.94 and its two-hundred day simple moving average is $78.77. The company has a market cap of $46.95 million, a PE 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 $85.74.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

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

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC bought a new position in First Trust Switzerland AlphaDEX Fund during the 3rd quarter worth approximately $59,000. MTM Investment Management LLC acquired a new stake in First Trust Switzerland AlphaDEX Fund during the second quarter worth approximately $143,000. StoneX Group Inc. acquired a new stake in shares of First Trust Switzerland AlphaDEX Fund during the 2nd quarter worth approximately $223,000. BFI Infinity Ltd. grew its holdings in First Trust Switzerland AlphaDEX Fund by 200.0% in the fourth quarter. BFI Infinity Ltd. now owns 3,300 shares of the company’s stock worth $266,000 after purchasing an additional 6,600 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of First Trust Switzerland AlphaDEX Fund by 24.9% during the 3rd quarter. Raymond James Financial Inc. now owns 6,666 shares of the company’s stock worth $512,000 after purchasing an additional 1,330 shares in the last quarter.

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.