First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 218.2% in March

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 245 shares, an increase of 218.2% from the February 26th total of 77 shares. Based on an average trading volume of 1,302 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,302 shares, the short-interest ratio is presently 0.2 days.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of NASDAQ:FSZ remained flat at $78.39 during midday trading on Wednesday. The stock had a trading volume of 3,962 shares, compared to its average volume of 2,305. The firm has a market capitalization of $43.11 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. The stock has a fifty day moving average of $82.79 and a 200 day moving average of $79.72. First Trust Switzerland AlphaDEX Fund has a 12 month low of $61.24 and a 12 month high of $86.44.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FSZ. Advisory Services Network LLC acquired a new stake in shares of First Trust Switzerland AlphaDEX Fund during the 3rd quarter worth approximately $59,000. Royal Bank of Canada lifted its position in shares of First Trust Switzerland AlphaDEX Fund by 35.3% during the 4th quarter. Royal Bank of Canada now owns 959 shares of the company’s stock valued at $77,000 after acquiring an additional 250 shares during the period. Kestra Advisory Services LLC bought a new position in First Trust Switzerland AlphaDEX Fund during the fourth quarter worth $161,000. StoneX Group Inc. bought a new position in First Trust Switzerland AlphaDEX Fund during the second quarter worth $223,000. Finally, Hyposwiss Advisors SA acquired a new stake in First Trust Switzerland AlphaDEX Fund in the fourth quarter worth $234,000.

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.