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

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 4,000 shares, a decrease of 31.0% from the November 30th total of 5,800 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FSZ. Stifel Financial Corp grew its holdings in First Trust Switzerland AlphaDEX Fund by 12.6% during the third quarter. Stifel Financial Corp now owns 7,073 shares of the company’s stock valued at $499,000 after purchasing an additional 794 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of First Trust Switzerland AlphaDEX Fund during the 3rd quarter valued at $2,423,000. Cottonwood Capital Advisors LLC increased its holdings in First Trust Switzerland AlphaDEX Fund by 10.9% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 20,523 shares of the company’s stock worth $1,447,000 after acquiring an additional 2,022 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in First Trust Switzerland AlphaDEX Fund by 1.8% in 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. Finally, International Assets Investment Management LLC bought a new stake in First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at about $33,000.

First Trust Switzerland AlphaDEX Fund Stock Down 0.5 %

First Trust Switzerland AlphaDEX Fund stock traded down $0.32 during mid-day trading on Friday, reaching $63.35. 88 shares of the company’s stock were exchanged, compared to its average volume of 2,878. The business’s fifty day simple moving average is $65.63 and its 200 day simple moving average is $66.67. First Trust Switzerland AlphaDEX Fund has a one year low of $60.24 and a one year high of $71.34. The firm has a market capitalization of $79.19 million, a PE ratio of 18.92 and a beta of 0.86.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.1278 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.