Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Rises By 249.1%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 405 shares, a growth of 249.1% from the January 15th total of 116 shares. Based on an average daily volume of 1,084 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,084 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Several large investors have recently bought and sold shares of FSZ. Cottonwood Capital Advisors LLC grew its holdings in shares of First Trust Switzerland AlphaDEX Fund by 3.5% during 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 last quarter. Advisory Services Network LLC purchased a new stake in First Trust Switzerland AlphaDEX Fund in the third quarter valued at approximately $59,000. Flow Traders U.S. LLC increased its holdings in First Trust Switzerland AlphaDEX Fund by 7.3% in the 3rd 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 during the period. Raymond James Financial Inc. raised its position in First Trust Switzerland AlphaDEX Fund by 24.9% during the 3rd quarter. Raymond James Financial Inc. now owns 6,666 shares of the company’s stock worth $512,000 after buying an additional 1,330 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new stake in First Trust Switzerland AlphaDEX Fund during the 2nd quarter valued at approximately $143,000.

First Trust Switzerland AlphaDEX Fund Trading Up 0.0%

Shares of FSZ traded up $0.01 during midday trading on Friday, hitting $84.92. 5,707 shares of the company’s stock traded hands, compared to its average volume of 2,673. First Trust Switzerland AlphaDEX Fund has a 1 year low of $61.24 and a 1 year high of $85.74. The firm’s fifty day moving average is $81.39 and its 200-day moving average is $78.90. The stock has a market capitalization of $46.71 million, a price-to-earnings ratio of 21.38 and a beta of 0.84.

First Trust Switzerland AlphaDEX Fund Announces Dividend

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

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.