First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 660.0% in April

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 456 shares, a growth of 660.0% from the March 31st total of 60 shares. Based on an average daily volume of 1,567 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FSZ. Jane Street Group LLC boosted its position in First Trust Switzerland AlphaDEX Fund by 216.5% during the 1st quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock valued at $5,177,000 after buying an additional 52,346 shares during the period. Cottonwood Capital Advisors LLC boosted its position in First Trust Switzerland AlphaDEX Fund by 3.5% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 21,786 shares of the company’s stock valued at $1,674,000 after buying an additional 735 shares during the period. First Trust Advisors LP boosted its position in First Trust Switzerland AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 428,728 shares of the company’s stock valued at $32,935,000 after buying an additional 82,914 shares during the period. Raymond James Financial Inc. boosted its position in 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 valued at $512,000 after buying an additional 1,330 shares during the period. Finally, Flow Traders U.S. LLC boosted its position in First Trust Switzerland AlphaDEX Fund by 7.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 16,664 shares of the company’s stock valued at $1,280,000 after buying an additional 1,131 shares during the period.

First Trust Switzerland AlphaDEX Fund Stock Up 0.3%

Shares of First Trust Switzerland AlphaDEX Fund stock traded up $0.27 during trading on Friday, reaching $80.81. The company’s stock had a trading volume of 139 shares, compared to its average volume of 2,118. First Trust Switzerland AlphaDEX Fund has a 52-week low of $70.10 and a 52-week high of $86.44. The company has a market cap of $40.41 million, a price-to-earnings ratio of 21.38 and a beta of 0.82. The firm’s 50-day moving average is $81.60 and its two-hundred day moving average is $80.13.

First Trust Switzerland AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.5445 per share. This represents a $2.18 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase from First Trust Switzerland AlphaDEX Fund’s previous quarterly dividend of $0.28.

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.