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

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 418 shares, a drop 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 presently 1.9 days. Currently, 0.2% of the company’s stock are short sold.

WisdomTree High Income Laddered Municipal Fund Stock Performance

NASDAQ WTMY opened at $25.11 on Monday. The stock’s 50 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 52 week low of $24.13 and a 52 week high of $25.85.

Institutional Investors 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 bought a new stake in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned about 13.06% of WisdomTree High Income Laddered Municipal Fund at the end of the most recent quarter.

About WisdomTree High Income Laddered Municipal Fund

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.