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

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

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of NASDAQ:FSZ traded down $0.25 during trading on Wednesday, reaching $64.86. 51,873 shares of the company were exchanged, compared to its average volume of 2,860. The firm has a market capitalization of $81.08 million, a PE ratio of 18.92 and a beta of 0.86. The business’s fifty day simple moving average is $68.52 and its 200-day simple moving average is $66.59. First Trust Switzerland AlphaDEX Fund has a 12-month low of $58.97 and a 12-month high of $71.34.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cottonwood Capital Advisors LLC boosted its position 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 worth $1,447,000 after buying an additional 2,022 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in First Trust Switzerland AlphaDEX Fund by 1.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 34,988 shares of the company’s stock worth $2,256,000 after acquiring an additional 625 shares during the period. International Assets Investment Management LLC bought a new position in shares of First Trust Switzerland AlphaDEX Fund in the second quarter valued at approximately $33,000. Finally, Mather Group LLC. acquired a new position in shares of First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $32,000.

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.