Short Interest in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Declines By 80.0%

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 25 shares, a drop of 80.0% from the April 15th total of 125 shares. Based on an average daily volume of 435 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

An institutional investor recently raised its position in WisdomTree High Income Laddered Municipal Fund stock. Hobbs Group Advisors LLC increased its holdings in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,305 shares of the company’s stock after purchasing an additional 9,563 shares during the period. WisdomTree High Income Laddered Municipal Fund makes up about 0.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 23rd biggest position. Hobbs Group Advisors LLC owned 50.15% of WisdomTree High Income Laddered Municipal Fund worth $2,550,000 as of its most recent SEC filing.

WisdomTree High Income Laddered Municipal Fund Stock Up 0.0%

NASDAQ WTMY opened at $25.35 on Tuesday. The business has a 50 day simple moving average of $25.39 and a 200 day simple moving average of $25.51. WisdomTree High Income Laddered Municipal Fund has a one year low of $24.58 and a one year high of $25.85.

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.