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

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 5,007 shares, a drop of 20.4% from the February 26th total of 6,291 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 3,287 shares, the days-to-cover ratio is currently 1.5 days.

WisdomTree Core Laddered Municipal Fund Trading Up 0.1%

WTMU stock traded up $0.02 during midday trading on Tuesday, hitting $25.58. The company’s stock had a trading volume of 4,982 shares, compared to its average volume of 5,199. WisdomTree Core Laddered Municipal Fund has a 12 month low of $22.50 and a 12 month high of $26.30. The company has a 50 day moving average of $26.02 and a two-hundred day moving average of $25.90.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

Several institutional investors have recently bought and sold shares of WTMU. Jane Street Group LLC boosted its holdings in shares of WisdomTree Core Laddered Municipal Fund by 12.1% during the 4th quarter. Jane Street Group LLC now owns 31,071 shares of the company’s stock valued at $804,000 after purchasing an additional 3,351 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings 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 acquiring an additional 6,817 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of WisdomTree Core Laddered Municipal Fund during the 2nd quarter valued at approximately $787,000.

WisdomTree Core Laddered Municipal Fund Company Profile

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.