WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Shares Shorted: Short Interest Up 4,341.0% in October

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 7,683 shares, an increase of 4,341.0% from the September 30th total of 173 shares. Based on an average daily trading volume, of 965 shares, the days-to-cover ratio is currently 8.0 days. Currently, 3.8% of the company’s shares are sold short.

WisdomTree High Income Laddered Municipal Fund Price Performance

Shares of WTMY stock traded up $0.01 on Monday, reaching $24.43. 7 shares of the company’s stock were exchanged, compared to its average volume of 623. The company’s fifty day simple moving average is $24.42 and its 200 day simple moving average is $25.00. WisdomTree High Income Laddered Municipal Fund has a 52 week low of $23.74 and a 52 week high of $25.85.

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.