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

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,100 shares, a decline of 50.0% from the January 15th total of 2,200 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC bought a new stake in shares of First Trust Switzerland AlphaDEX Fund during the fourth quarter worth $390,000. Jane Street Group LLC grew its position in First Trust Switzerland AlphaDEX Fund by 62.2% during the 4th quarter. Jane Street Group LLC now owns 24,175 shares of the company's stock worth $1,517,000 after acquiring an additional 9,268 shares during the last quarter. Susquehanna International Group LLP increased its holdings in 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. Raymond James Financial Inc. bought a new position in First Trust Switzerland AlphaDEX Fund in the fourth quarter valued at about $328,000. Finally, Wells Fargo & Company MN boosted its stake in shares of First Trust Switzerland AlphaDEX Fund by 5.6% during 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.

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First Trust Switzerland AlphaDEX Fund Trading Down 1.1 %

NASDAQ FSZ traded down $0.76 during trading on Wednesday, hitting $66.94. 122 shares of the company's stock were exchanged, compared to its average volume of 4,994. The stock's 50 day moving average price is $64.83 and its two-hundred day moving average price is $66.56. First Trust Switzerland AlphaDEX Fund has a fifty-two week low of $60.24 and a fifty-two week high of $71.34. The company has a market cap of $70.28 million, a PE ratio of 18.92 and a beta of 0.86.

First Trust Switzerland AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.1278 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.