First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Down 9.7% in November

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 5,600 shares, a drop of 9.7% from the October 31st total of 6,200 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. bought a new position in First Trust Switzerland AlphaDEX Fund in the 3rd quarter valued at approximately $2,423,000. Cottonwood Capital Advisors LLC boosted its holdings in First Trust Switzerland AlphaDEX Fund by 10.9% in the third quarter. Cottonwood Capital Advisors LLC now owns 20,523 shares of the company’s stock worth $1,447,000 after acquiring an additional 2,022 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of First Trust Switzerland AlphaDEX Fund by 12.6% during the third quarter. Stifel Financial Corp now owns 7,073 shares of the company’s stock valued at $499,000 after buying an additional 794 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of 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 purchasing an additional 625 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust Switzerland AlphaDEX Fund during the second quarter valued at about $33,000.

First Trust Switzerland AlphaDEX Fund Stock Down 0.4 %

Shares of FSZ traded down $0.26 during trading hours on Tuesday, hitting $65.59. 127 shares of the company were exchanged, compared to its average volume of 2,750. The firm’s fifty day moving average is $67.51 and its 200 day moving average is $66.81. 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 $81.99 million, a price-to-earnings ratio of 18.92 and a beta of 0.86.

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.