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

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 116 shares, a drop of 60.0% from the December 31st total of 290 shares. Based on an average daily trading volume, of 391 shares, the short-interest ratio is currently 0.3 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 trading volume, of 391 shares, the short-interest ratio is currently 0.3 days.

First Trust Switzerland AlphaDEX Fund Stock Performance

Shares of NASDAQ:FSZ traded up $0.76 during trading on Thursday, reaching $83.72. 1,364 shares of the stock traded hands, compared to its average volume of 949. The stock has a market cap of $46.05 million, a P/E ratio of 21.38 and a beta of 0.84. The stock has a 50-day moving average of $79.67 and a two-hundred day moving average of $78.48. First Trust Switzerland AlphaDEX Fund has a 52-week low of $61.24 and a 52-week high of $84.38.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.2836 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.13 annualized dividend and a dividend yield of 1.4%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Genesee Capital Advisors LLC bought a new stake in shares of First Trust Switzerland AlphaDEX Fund during the 4th quarter valued at about $552,000. BFI Infinity Ltd. increased its holdings in First Trust Switzerland AlphaDEX Fund by 200.0% during the fourth quarter. BFI Infinity Ltd. now owns 3,300 shares of the company’s stock valued at $266,000 after buying an additional 6,600 shares during the last quarter. Advisory Services Network LLC bought a new position in First Trust Switzerland AlphaDEX Fund in the third quarter worth approximately $59,000. Susquehanna International Group LLP boosted its stake in shares of First Trust Switzerland AlphaDEX Fund by 259.8% during the 3rd quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock worth $2,784,000 after acquiring an additional 26,165 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in shares of First Trust Switzerland AlphaDEX Fund by 7.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 16,664 shares of the company’s stock valued at $1,280,000 after acquiring an additional 1,131 shares during the period.

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.