WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Short Interest Update

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 7,704 shares, a decline of 23.1% from the January 15th total of 10,023 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average daily volume of 4,908 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 4,908 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WTMU. Flow Traders U.S. LLC bought a new stake in WisdomTree Core Laddered Municipal Fund during the 2nd quarter valued at $787,000. Commonwealth Equity Services LLC grew its position in shares of WisdomTree Core Laddered Municipal Fund by 34.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 26,410 shares of the company’s stock worth $683,000 after buying an additional 6,817 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of WisdomTree Core Laddered Municipal Fund by 12.1% during the fourth quarter. Jane Street Group LLC now owns 31,071 shares of the company’s stock valued at $804,000 after buying an additional 3,351 shares during the period.

WisdomTree Core Laddered Municipal Fund Trading Up 0.1%

Shares of WTMU opened at $26.24 on Monday. WisdomTree Core Laddered Municipal Fund has a 1-year low of $22.50 and a 1-year high of $26.30. The company has a 50-day moving average of $25.97 and a 200 day moving average of $25.76.

WisdomTree Core Laddered Municipal Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were paid a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, January 27th.

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.