WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Short Interest Update

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 7,704 shares, a drop of 23.1% from the January 15th total of 10,023 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 4,908 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 4,908 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.9% of the company’s shares are sold short.

Institutional Investors Weigh In On WisdomTree Core Laddered Municipal Fund

A number of institutional investors and hedge funds have recently modified their holdings of WTMU. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree Core Laddered Municipal Fund during the second quarter valued at approximately $787,000. Commonwealth Equity Services LLC raised its position in WisdomTree Core Laddered Municipal Fund by 34.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 26,410 shares of the company’s stock valued at $683,000 after acquiring an additional 6,817 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of WisdomTree Core Laddered Municipal Fund by 12.1% in the 4th quarter. Jane Street Group LLC now owns 31,071 shares of the company’s stock valued at $804,000 after purchasing an additional 3,351 shares during the last quarter.

WisdomTree Core Laddered Municipal Fund Stock Up 0.1%

NASDAQ WTMU opened at $26.24 on Friday. The business’s 50-day simple moving average is $25.97 and its 200-day simple moving average is $25.76. WisdomTree Core Laddered Municipal Fund has a 1-year low of $22.50 and a 1-year high of $26.30.

WisdomTree Core Laddered Municipal Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, January 27th.

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.