WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Short Interest Down 34.1% in January

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 174 shares, a decline of 34.1% from the December 31st total of 264 shares. Based on an average daily trading volume, of 243 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 243 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

A hedge fund recently bought a new stake in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC bought a new position in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned approximately 13.06% of WisdomTree High Income Laddered Municipal Fund at the end of the most recent reporting period.

WisdomTree High Income Laddered Municipal Fund Stock Performance

Shares of WTMY opened at $25.61 on Friday. The stock’s 50-day moving average price is $25.51 and its 200 day moving average price is $25.31. WisdomTree High Income Laddered Municipal Fund has a 12-month low of $24.10 and a 12-month high of $25.66.

WisdomTree High Income Laddered Municipal Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 3.7%.

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.