WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Short Interest Down 75.0% in May

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 190 shares, a drop of 75.0% from the May 14th total of 761 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,621 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Jane Street Group LLC increased its position in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,071 shares of the company’s stock after buying an additional 3,351 shares during the period. Jane Street Group LLC owned about 7.77% of WisdomTree Core Laddered Municipal Fund worth $804,000 at the end of the most recent reporting period.

WisdomTree Core Laddered Municipal Fund Stock Performance

Shares of NASDAQ:WTMU traded down $0.01 during midday trading on Thursday, hitting $25.66. 650 shares of the company’s stock traded hands, compared to its average volume of 3,678. The firm’s fifty day moving average price is $25.68 and its two-hundred day moving average price is $25.86. WisdomTree Core Laddered Municipal Fund has a twelve month low of $24.52 and a twelve month high of $28.39.

About WisdomTree Core Laddered Municipal Fund

The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years. It may invest up to 30% of its net assets in municipal securities subject to the federal alternative minimum tax.