First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Sees Significant Decrease in Short Interest

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 4 shares, a decrease of 99.0% from the January 29th total of 405 shares. Based on an average daily volume of 6,140 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 6,140 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of FSZ stock traded up $0.56 on Wednesday, hitting $86.15. The company’s stock had a trading volume of 1,442 shares, compared to its average volume of 2,350. The stock has a market capitalization of $47.38 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. First Trust Switzerland AlphaDEX Fund has a fifty-two week low of $61.24 and a fifty-two week high of $86.44. The firm’s fifty day moving average price is $82.59 and its 200-day moving average price is $79.36.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.2836 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 1.3%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. First Trust Advisors LP boosted its holdings 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 purchasing an additional 82,914 shares during the period. Jane Street Group LLC raised its position in shares of First Trust Switzerland AlphaDEX Fund by 216.5% during the first quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock valued at $5,177,000 after buying an additional 52,346 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of First Trust Switzerland AlphaDEX Fund by 259.8% in the third quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock valued at $2,784,000 after buying an additional 26,165 shares during the period. Cottonwood Capital Advisors LLC lifted its stake in shares of First Trust Switzerland AlphaDEX Fund by 3.5% in the third quarter. Cottonwood Capital Advisors LLC now owns 21,786 shares of the company’s stock valued at $1,674,000 after buying an additional 735 shares during the period. Finally, Flow Traders U.S. LLC grew its position in First Trust Switzerland AlphaDEX Fund by 7.3% during 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 in the last quarter.

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.