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

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 22,000 shares, an increase of 307.4% from the August 31st total of 5,400 shares. Based on an average daily volume of 45,900 shares, the days-to-cover ratio is presently 0.5 days.

First Trust Switzerland AlphaDEX Fund Stock Performance

Shares of FSZ opened at $70.76 on Friday. The firm has a market capitalization of $88.45 million, a P/E ratio of 18.92 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a 52 week low of $54.64 and a 52 week high of $70.90. The stock has a 50 day moving average price of $67.33 and a two-hundred day moving average price of $65.18.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Mather Group LLC. bought a new position in First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $32,000. International Assets Investment Management LLC purchased a new position in shares of First Trust Switzerland AlphaDEX Fund in the 2nd quarter worth about $33,000. Syon Capital LLC purchased a new stake in First Trust Switzerland AlphaDEX Fund during the fourth quarter worth about $1,977,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in First Trust Switzerland AlphaDEX Fund by 2.1% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 34,363 shares of the company’s stock worth $2,189,000 after acquiring an additional 719 shares during the period.

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.