First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Update

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 6,200 shares, a growth of 121.4% from the October 15th total of 2,800 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 3.6 days.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of FSZ traded up $0.22 on Friday, reaching $64.76. 2,894 shares of the stock traded hands, compared to its average volume of 2,862. The firm has a market cap of $80.95 million, a price-to-earnings ratio of 18.92 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a 12 month low of $59.33 and a 12 month high of $71.34. The stock’s 50-day moving average price is $68.38 and its 200-day moving average price is $66.56.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Several institutional investors and hedge funds have recently bought and sold shares of FSZ. Stifel Financial Corp boosted its position in shares of First Trust Switzerland AlphaDEX Fund by 12.6% during the 3rd quarter. Stifel Financial Corp now owns 7,073 shares of the company’s stock valued at $499,000 after acquiring an additional 794 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in First Trust Switzerland AlphaDEX Fund during the third quarter valued at approximately $2,423,000. Cottonwood Capital Advisors LLC grew its stake in shares of First Trust Switzerland AlphaDEX Fund by 10.9% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 20,523 shares of the company’s stock valued at $1,447,000 after purchasing an additional 2,022 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of First Trust Switzerland AlphaDEX Fund by 1.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 34,988 shares of the company’s stock worth $2,256,000 after buying 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 2nd quarter worth approximately $33,000.

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.