First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 27.3% in October

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 2,800 shares, a growth of 27.3% from the September 30th total of 2,200 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

Several hedge funds have recently made changes to their positions in FSZ. Benjamin F. Edwards & Company Inc. boosted its position in First Trust Switzerland AlphaDEX Fund by 1.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 34,988 shares of the company’s stock valued at $2,256,000 after buying an additional 625 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $33,000. Finally, Mather Group LLC. purchased a new stake in shares of First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $32,000.

First Trust Switzerland AlphaDEX Fund Stock Performance

FSZ stock traded down $1.37 on Wednesday, hitting $68.01. 5,270 shares of the company’s stock were exchanged, compared to its average volume of 2,688. The stock has a market cap of $85.01 million, a P/E ratio of 18.92 and a beta of 0.86. The firm has a 50 day moving average price of $68.93 and a two-hundred day moving average price of $66.18. First Trust Switzerland AlphaDEX Fund has a 12-month low of $55.16 and a 12-month high of $71.34.

About First Trust Switzerland AlphaDEX Fund

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.