Short Interest in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Declines By 56.5%

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 480 shares, a decrease of 56.5% from the March 31st total of 1,104 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,168 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC boosted its holdings in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 34.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,410 shares of the company’s stock after acquiring an additional 6,817 shares during the quarter. Commonwealth Equity Services LLC owned 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 at the end of the most recent quarter.

WisdomTree Core Laddered Municipal Fund Stock Down 0.0%

WTMU stock opened at $25.86 on Monday. WisdomTree Core Laddered Municipal Fund has a 12-month low of $24.52 and a 12-month high of $26.30. The stock’s 50 day simple moving average is $25.90 and its 200 day simple moving average is $25.90.

About WisdomTree Core Laddered Municipal Fund

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.