Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Drops By 52.6%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 900 shares, a drop of 52.6% from the March 31st total of 1,900 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company's shares are sold short.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Several large investors have recently modified their holdings of the stock. Golden State Wealth Management LLC boosted its stake in First Trust Switzerland AlphaDEX Fund by 99.8% during the first quarter. Golden State Wealth Management LLC now owns 3,352 shares of the company's stock worth $227,000 after acquiring an additional 1,674 shares in the last quarter. Cottonwood Capital Advisors LLC boosted its position in shares of First Trust Switzerland AlphaDEX Fund by 0.8% during the 1st quarter. Cottonwood Capital Advisors LLC now owns 21,239 shares of the company's stock worth $1,437,000 after purchasing an additional 161 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of First Trust Switzerland AlphaDEX Fund in the 4th quarter valued at about $390,000. Jane Street Group LLC increased its position in First Trust Switzerland AlphaDEX Fund by 62.2% in the 4th quarter. Jane Street Group LLC now owns 24,175 shares of the company's stock valued at $1,517,000 after buying an additional 9,268 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in First Trust Switzerland AlphaDEX Fund by 37.9% during the 4th quarter. Susquehanna International Group LLP now owns 24,890 shares of the company's stock worth $1,562,000 after buying an additional 6,835 shares during the period.

First Trust Switzerland AlphaDEX Fund Stock Performance

Shares of NASDAQ:FSZ traded up $1.38 during midday trading on Friday, reaching $72.96. The company's stock had a trading volume of 2,499 shares, compared to its average volume of 3,721. First Trust Switzerland AlphaDEX Fund has a fifty-two week low of $61.24 and a fifty-two week high of $72.96. The firm has a 50 day moving average price of $68.30 and a two-hundred day moving average price of $66.55. The firm has a market capitalization of $65.66 million, a price-to-earnings ratio of 20.83 and a beta of 0.86.

First Trust Switzerland AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.0437 dividend. This represents a $0.17 annualized dividend and a yield of 0.24%. The ex-dividend date was Thursday, March 27th.

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.