Short Interest in First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Increases By 105.0%

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 4,100 shares, an increase of 105.0% from the June 30th total of 2,000 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of First Trust Switzerland AlphaDEX Fund during the fourth quarter worth about $2,132,000. Syon Capital LLC purchased a new stake in First Trust Switzerland AlphaDEX Fund during the 4th quarter worth approximately $1,977,000. Benjamin F. Edwards & Company Inc. increased its stake in shares of First Trust Switzerland AlphaDEX Fund by 2.1% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 34,363 shares of the company’s stock worth $2,189,000 after buying an additional 719 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in shares of First Trust Switzerland AlphaDEX Fund in the second quarter worth $32,000.

First Trust Switzerland AlphaDEX Fund Stock Up 0.4 %

Shares of NASDAQ FSZ traded up $0.26 on Friday, hitting $66.33. The company had a trading volume of 53 shares, compared to its average volume of 2,671. The firm has a market capitalization of $82.91 million, a P/E ratio of 18.92 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a 12-month low of $54.64 and a 12-month high of $67.14. The business has a 50 day moving average of $65.52 and a two-hundred day moving average of $63.64.

First Trust Switzerland AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $1.00 per share. The ex-dividend date was Thursday, June 27th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 6.03%.

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.