Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Rises By 31.7%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 823 shares, an increase of 31.7% from the November 30th total of 625 shares. Based on an average daily volume of 835 shares, the short-interest ratio is presently 1.0 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 daily volume of 835 shares, the short-interest ratio is presently 1.0 days.

First Trust Switzerland AlphaDEX Fund Price Performance

FSZ traded down $0.42 during midday trading on Wednesday, hitting $80.09. 566 shares of the company’s stock traded hands, compared to its average volume of 5,239. The stock’s fifty day simple moving average is $77.87 and its 200-day simple moving average is $77.73. First Trust Switzerland AlphaDEX Fund has a one year low of $61.24 and a one year high of $81.18. The company has a market cap of $44.05 million, a PE ratio of 21.38 and a beta of 0.84.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be 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 is Friday, December 12th.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cottonwood Capital Advisors LLC raised its stake in shares of First Trust Switzerland AlphaDEX Fund by 3.5% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 21,786 shares of the company’s stock valued at $1,674,000 after acquiring an additional 735 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of First Trust Switzerland AlphaDEX Fund in the third quarter valued at approximately $59,000. 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 buying an additional 1,131 shares during the last quarter. Raymond James Financial Inc. boosted its holdings 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 buying an additional 1,330 shares during the period. Finally, MTM Investment Management LLC acquired a new position in First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $143,000.

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.