Short Interest in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Declines By 41.1%

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 418 shares, a decrease of 41.1% from the July 15th total of 710 shares. Based on an average daily trading volume, of 221 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.2% of the shares of the company are sold short.

WisdomTree High Income Laddered Municipal Fund Trading Down 0.3%

WTMY stock opened at $25.11 on Monday. The business’s fifty day moving average price is $25.30 and its two-hundred day moving average price is $25.39. WisdomTree High Income Laddered Municipal Fund has a fifty-two week low of $24.13 and a fifty-two week high of $25.85.

Hedge Funds Weigh In On WisdomTree High Income Laddered Municipal Fund

An institutional investor recently bought a new stake in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC purchased a new position in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned 13.06% of WisdomTree High Income Laddered Municipal Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

WisdomTree High Income Laddered Municipal Fund Company Profile

The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.