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

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Get Free Report) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 800 shares, a growth of 33.3% from the May 15th total of 600 shares. Currently, 0.1% of the company's shares are sold short. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its holdings in First Trust Switzerland AlphaDEX Fund by 216.5% in the first quarter. Jane Street Group LLC now owns 76,521 shares of the company's stock valued at $5,177,000 after purchasing an additional 52,346 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in First Trust Switzerland AlphaDEX Fund by 5.6% in the fourth 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 in the last quarter. SSA Swiss Advisors AG acquired a new position in First Trust Switzerland AlphaDEX Fund in the first quarter valued at approximately $2,433,000. Susquehanna International Group LLP boosted its holdings in shares of First Trust Switzerland AlphaDEX Fund by 37.9% in the fourth quarter. Susquehanna International Group LLP now owns 24,890 shares of the company's stock valued at $1,562,000 after acquiring an additional 6,835 shares during the period. Finally, Cottonwood Capital Advisors LLC boosted its holdings 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 valued at $1,437,000 after acquiring an additional 161 shares during the period.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of First Trust Switzerland AlphaDEX Fund stock traded down $0.89 on Tuesday, reaching $74.62. 411 shares of the company were exchanged, compared to its average volume of 3,704. First Trust Switzerland AlphaDEX Fund has a 1-year low of $61.24 and a 1-year high of $77.09. The company has a market cap of $67.16 million, a P/E ratio of 20.76 and a beta of 0.86. The stock's 50 day moving average price is $72.67 and its 200-day moving average price is $68.37.

First Trust Switzerland AlphaDEX Fund Cuts Dividend

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

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