Short Interest in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Declines By 41.1%

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 418 shares, a decline of 41.1% from the July 15th total of 710 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 221 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Trading of WisdomTree High Income Laddered Municipal Fund

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

WisdomTree High Income Laddered Municipal Fund Price Performance

WTMY stock opened at $25.13 on Tuesday. WisdomTree High Income Laddered Municipal Fund has a one year low of $24.13 and a one year high of $25.85. The company’s 50 day moving average price is $25.29 and its two-hundred day moving average price is $25.39.

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.