First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Update

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 600 shares, a decrease of 50.0% from the April 30th total of 1,200 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC increased 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 period. Wells Fargo & Company MN boosted its stake in First Trust Switzerland AlphaDEX Fund by 5.6% during the 4th quarter. Wells Fargo & Company MN now owns 45,763 shares of the company's stock valued at $2,871,000 after purchasing an additional 2,428 shares during the last quarter. SSA Swiss Advisors AG bought a new position in First Trust Switzerland AlphaDEX Fund during the first quarter valued at approximately $2,433,000. Susquehanna International Group LLP increased its stake in shares of First Trust Switzerland AlphaDEX Fund by 37.9% in the 4th quarter. Susquehanna International Group LLP now owns 24,890 shares of the company's stock worth $1,562,000 after purchasing an additional 6,835 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC raised its stake in shares of First Trust Switzerland AlphaDEX Fund by 0.8% in the first quarter. Cottonwood Capital Advisors LLC now owns 21,239 shares of the company's stock worth $1,437,000 after buying an additional 161 shares during the period.

First Trust Switzerland AlphaDEX Fund Stock Performance

Shares of FSZ opened at $75.83 on Monday. The business's fifty day moving average is $70.46 and its 200-day moving average is $67.51. First Trust Switzerland AlphaDEX Fund has a 52-week low of $61.24 and a 52-week high of $76.07. The firm has a market cap of $68.25 million, a price-to-earnings ratio of 20.76 and a beta of 0.86.

First Trust Switzerland AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.0437 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.17 annualized dividend and a yield of 0.23%.

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.