First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Short Interest Up 121.4% in October

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) was the recipient of a large growth in short interest in the month of 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 trading volume, of 1,700 shares, the days-to-cover ratio is presently 3.6 days.

First Trust Switzerland AlphaDEX Fund Price Performance

NASDAQ FSZ traded down $0.25 during trading hours on Wednesday, hitting $64.86. The company had a trading volume of 51,873 shares, compared to its average volume of 2,860. The firm’s 50 day moving average is $68.52 and its 200 day moving average is $66.59. The company has a market capitalization of $81.08 million, a price-to-earnings ratio of 18.92 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a fifty-two week low of $58.97 and a fifty-two week high of $71.34.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. bought a new stake in First Trust Switzerland AlphaDEX Fund in the 2nd quarter valued at $32,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Switzerland AlphaDEX Fund during the second quarter worth about $33,000. Benjamin F. Edwards & Company Inc. increased its position in shares of First Trust Switzerland AlphaDEX Fund by 1.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 34,988 shares of the company’s stock valued at $2,256,000 after purchasing an additional 625 shares during the last quarter. Finally, Cottonwood Capital Advisors LLC increased its stake in shares of First Trust Switzerland AlphaDEX Fund by 10.9% in the third quarter. Cottonwood Capital Advisors LLC now owns 20,523 shares of the company’s stock worth $1,447,000 after purchasing an additional 2,022 shares in the last quarter.

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.