WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 1,281 shares, a drop of 74.3% from the May 14th total of 4,984 shares. Based on an average daily trading volume, of 512 shares, the short-interest ratio is currently 2.5 days. Currently, 0.5% of the shares of the stock are short sold.
Institutional Trading of WisdomTree High Income Laddered Municipal Fund
A hedge fund recently bought a new stake in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned approximately 13.06% of WisdomTree High Income Laddered Municipal Fund at the end of the most recent quarter.
WisdomTree High Income Laddered Municipal Fund Stock Down 0.2%
NASDAQ WTMY traded down $0.04 on Friday, hitting $25.36. 201 shares of the company were exchanged, compared to its average volume of 807. WisdomTree High Income Laddered Municipal Fund has a 12 month low of $24.58 and a 12 month high of $25.85. The stock has a fifty day moving average of $25.33 and a 200-day moving average of $25.47.
About WisdomTree High Income Laddered Municipal Fund
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.
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