WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Short Interest Down 95.3% in December

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 64 shares, a decline of 95.3% from the November 30th total of 1,369 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 352 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 352 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

An institutional investor recently bought a new position 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) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned 13.06% of WisdomTree High Income Laddered Municipal Fund as of its most recent filing with the Securities & Exchange Commission.

WisdomTree High Income Laddered Municipal Fund Stock Performance

NASDAQ WTMY traded up $0.01 during mid-day trading on Wednesday, hitting $25.48. The stock had a trading volume of 2 shares, compared to its average volume of 7,834. The company has a 50 day simple moving average of $25.53 and a 200 day simple moving average of $25.19. WisdomTree High Income Laddered Municipal Fund has a 52-week low of $24.10 and a 52-week high of $25.66.

WisdomTree High Income Laddered Municipal Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 24th were given a $0.095 dividend. This is an increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, November 24th.

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.