WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Sees Significant Drop in Short Interest

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) saw a large drop in short interest in 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 short-interest ratio is currently 1.5 days.

WisdomTree Core Laddered Municipal Fund Stock Down 0.0%

WisdomTree Core Laddered Municipal Fund stock opened at $25.51 on Monday. WisdomTree Core Laddered Municipal Fund has a 52-week low of $22.50 and a 52-week high of $26.30. The company has a fifty day simple moving average of $26.03 and a 200-day simple moving average of $25.90.

Institutional Trading of WisdomTree Core Laddered Municipal Fund

Several large investors have recently bought and sold shares of WTMU. Flow Traders U.S. LLC acquired a new stake in WisdomTree Core Laddered Municipal Fund in the 2nd quarter valued at about $787,000. 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 worth $804,000 after purchasing an additional 3,351 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of WisdomTree Core Laddered Municipal Fund by 34.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 26,410 shares of the company’s stock valued at $683,000 after purchasing an additional 6,817 shares in the last quarter.

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.