WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Short Interest Update

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMYGet Free Report) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,187 shares, a drop of 14.8% from the February 26th total of 1,393 shares. Based on an average daily volume of 66 shares, the short-interest ratio is presently 18.0 days. Currently, 0.6% of the company’s stock are short sold.

WisdomTree High Income Laddered Municipal Fund Stock Up 0.3%

Shares of WisdomTree High Income Laddered Municipal Fund stock traded up $0.07 on Tuesday, reaching $25.18. The company’s stock had a trading volume of 3,547 shares, compared to its average volume of 1,081. WisdomTree High Income Laddered Municipal Fund has a 52 week low of $24.10 and a 52 week high of $25.85. The firm’s fifty day simple moving average is $25.58 and its two-hundred day simple moving average is $25.54.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

An institutional investor recently raised its position in WisdomTree High Income Laddered Municipal Fund stock. Hobbs Group Advisors LLC boosted its holdings in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMYFree Report) by 10.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 100,305 shares of the company’s stock after buying an additional 9,563 shares during the quarter. WisdomTree High Income Laddered Municipal Fund accounts for approximately 0.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 23rd biggest position. Hobbs Group Advisors LLC owned approximately 50.15% of WisdomTree High Income Laddered Municipal Fund worth $2,550,000 as of its most recent SEC filing.

About WisdomTree High Income Laddered Municipal Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for WisdomTree High Income Laddered Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree High Income Laddered Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.