Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Decreases By 90.0%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 2,200 shares, a drop of 90.0% from the September 15th total of 22,000 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is presently 0.7 days.

First Trust Switzerland AlphaDEX Fund Trading Down 0.1 %

FSZ stock traded down $0.08 during trading on Thursday, reaching $69.40. 626 shares of the stock were exchanged, compared to its average volume of 2,607. The firm’s 50 day moving average is $68.06 and its 200 day moving average is $65.54. The firm has a market cap of $86.75 million, a P/E ratio of 18.92 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a twelve month low of $54.64 and a twelve month high of $71.34.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. boosted its holdings in First Trust Switzerland AlphaDEX Fund by 1.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 34,988 shares of the company’s stock worth $2,256,000 after acquiring an additional 625 shares during the last quarter. International Assets Investment Management LLC purchased a new position in First Trust Switzerland AlphaDEX Fund in the second quarter valued at approximately $33,000. Mather Group LLC. bought a new position in shares of First Trust Switzerland AlphaDEX Fund during the 2nd quarter worth $32,000. Finally, Syon Capital LLC purchased a new position in shares of First Trust Switzerland AlphaDEX Fund in the fourth quarter worth about $1,977,000.

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.