Short Interest in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Rises By 23.1%

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 10,023 shares, a growth of 23.1% from the December 31st total of 8,141 shares. Based on an average daily volume of 15,493 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.5% of the company’s shares are short sold. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 15,493 shares, the days-to-cover ratio is currently 0.6 days.

WisdomTree Core Laddered Municipal Fund Stock Performance

Shares of WisdomTree Core Laddered Municipal Fund stock opened at $26.04 on Tuesday. WisdomTree Core Laddered Municipal Fund has a 52-week low of $22.50 and a 52-week high of $26.30. The company’s 50 day moving average price is $25.91 and its 200-day moving average price is $25.70.

WisdomTree Core Laddered Municipal Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, January 27th.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

An institutional investor recently bought a new position in WisdomTree Core Laddered Municipal Fund stock. Flow Traders U.S. LLC bought a new position in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,213 shares of the company’s stock, valued at approximately $787,000. Flow Traders U.S. LLC owned about 15.61% of WisdomTree Core Laddered Municipal Fund at the end of the most recent reporting period.

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.