First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 31.7% in December

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 823 shares, an increase of 31.7% from the November 30th total of 625 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 835 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 835 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are short sold.

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 stake in First Trust Switzerland AlphaDEX Fund in the 3rd quarter valued at $59,000. MTM Investment Management LLC acquired a new position in shares of First Trust Switzerland AlphaDEX Fund in the second quarter valued at $143,000. StoneX Group Inc. bought a new position in shares of First Trust Switzerland AlphaDEX Fund in the second quarter valued at about $223,000. BFI Infinity Ltd. bought a new position in shares of First Trust Switzerland AlphaDEX Fund in the second quarter valued at about $252,000. Finally, Raymond James Financial Inc. lifted its stake in shares of First Trust Switzerland AlphaDEX Fund by 24.9% during the 3rd quarter. Raymond James Financial Inc. now owns 6,666 shares of the company’s stock worth $512,000 after buying an additional 1,330 shares during the last quarter.

First Trust Switzerland AlphaDEX Fund Trading Down 0.5%

Shares of First Trust Switzerland AlphaDEX Fund stock traded down $0.42 during trading on Thursday, reaching $80.09. The stock had a trading volume of 566 shares, compared to its average volume of 5,239. The company has a market capitalization of $44.05 million, a price-to-earnings ratio of 21.38 and a beta of 0.84. The stock has a fifty day moving average price of $77.87 and a two-hundred day moving average price of $77.73. First Trust Switzerland AlphaDEX Fund has a 52 week low of $61.24 and a 52 week high of $81.18.

First Trust Switzerland AlphaDEX Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.2836 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.13 dividend on an annualized basis and a yield of 1.4%.

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.