First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 660.0% in April

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 456 shares, an increase of 660.0% from the March 31st total of 60 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,567 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Several institutional investors and hedge funds have recently made changes to their positions in FSZ. First Trust Advisors LP lifted its position in First Trust Switzerland AlphaDEX Fund by 24.0% in the 3rd quarter. First Trust Advisors LP now owns 428,728 shares of the company’s stock valued at $32,935,000 after acquiring an additional 82,914 shares in the last quarter. Jane Street Group LLC boosted its stake in First Trust Switzerland AlphaDEX Fund by 216.5% during the 1st quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock valued at $5,177,000 after purchasing an additional 52,346 shares during the last quarter. Susquehanna International Group LLP increased its holdings in shares of First Trust Switzerland AlphaDEX Fund by 259.8% in the 3rd quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock worth $2,784,000 after purchasing an additional 26,165 shares in the last quarter. Climber Capital SA purchased a new position in shares of First Trust Switzerland AlphaDEX Fund in the fourth quarter worth $651,000. Finally, Genesee Capital Advisors LLC purchased a new position in shares of First Trust Switzerland AlphaDEX Fund in the fourth quarter worth $552,000.

First Trust Switzerland AlphaDEX Fund Price Performance

FSZ stock traded up $0.27 during trading on Friday, hitting $80.81. 139 shares of the stock traded hands, compared to its average volume of 2,118. The stock has a market cap of $40.41 million, a price-to-earnings ratio of 21.38 and a beta of 0.82. First Trust Switzerland AlphaDEX Fund has a 1 year low of $70.10 and a 1 year high of $86.44. The firm’s 50 day moving average is $81.60 and its two-hundred day moving average is $80.13.

First Trust Switzerland AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.5445 dividend. This is a boost from First Trust Switzerland AlphaDEX Fund’s previous quarterly dividend of $0.28. This represents a $2.18 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, March 26th.

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.