First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Down 99.0% in February

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 4 shares, a decrease of 99.0% from the January 29th total of 405 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 6,140 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 6,140 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of NASDAQ FSZ traded up $0.56 during mid-day trading on Wednesday, reaching $86.15. 1,442 shares of the company traded hands, compared to its average volume of 2,350. First Trust Switzerland AlphaDEX Fund has a fifty-two week low of $61.24 and a fifty-two week high of $86.44. The firm has a market cap of $47.38 million, a PE ratio of 21.38 and a beta of 0.84. The stock has a fifty day simple moving average of $82.59 and a 200-day simple moving average of $79.36.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.2836 per share. This represents a $1.13 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FSZ. Advisory Services Network LLC bought a new position in shares of First Trust Switzerland AlphaDEX Fund in the third quarter valued at $59,000. Royal Bank of Canada boosted its holdings in shares of First Trust Switzerland AlphaDEX Fund by 35.3% in the fourth quarter. Royal Bank of Canada now owns 959 shares of the company’s stock worth $77,000 after buying an additional 250 shares during the period. MTM Investment Management LLC purchased a new position in shares of First Trust Switzerland AlphaDEX Fund in the second quarter worth approximately $143,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Switzerland AlphaDEX Fund during the fourth quarter valued at approximately $161,000. Finally, StoneX Group Inc. purchased a new stake in shares of First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at approximately $223,000.

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. FSZ was launched on Feb 14, 2012 and is managed by First Trust.