First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Sees Large Increase in Short Interest

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 77 shares, an increase of 1,825.0% from the February 12th total of 4 shares. Based on an average daily volume of 1,082 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,082 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

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

First Trust Switzerland AlphaDEX Fund Stock Down 1.0%

First Trust Switzerland AlphaDEX Fund stock traded down $0.83 during trading hours on Tuesday, hitting $81.86. The stock had a trading volume of 1,957 shares, compared to its average volume of 2,210. The stock has a market cap of $45.02 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. The business’s 50 day simple moving average is $83.12 and its 200-day simple moving average is $79.65. First Trust Switzerland AlphaDEX Fund has a one year low of $61.24 and a one year high of $86.44.

First Trust Switzerland AlphaDEX Fund Announces Dividend

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 1.4%. The ex-dividend date 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.