Short Interest in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Declines By 14.8%

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,187 shares, a decline of 14.8% from the February 26th total of 1,393 shares. Based on an average trading volume of 66 shares, the short-interest ratio is currently 18.0 days. Currently, 0.6% of the shares of the stock are short sold.

WisdomTree High Income Laddered Municipal Fund Price Performance

Shares of NASDAQ WTMY opened at $25.18 on Wednesday. The stock has a 50-day moving average price of $25.57 and a two-hundred day moving average price of $25.54. WisdomTree High Income Laddered Municipal Fund has a 12 month low of $24.10 and a 12 month high of $25.85.

Institutional Inflows and Outflows

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 shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned about 13.06% of WisdomTree High Income Laddered Municipal Fund as of its most recent SEC filing.

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.