WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Sees Significant Decrease in Short Interest

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMYGet Free Report) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 53 shares, a decrease of 69.5% from the January 15th total of 174 shares. Based on an average daily volume of 697 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 697 shares, the short-interest ratio is presently 0.1 days.

WisdomTree High Income Laddered Municipal Fund Trading Down 0.1%

Shares of NASDAQ:WTMY opened at $25.73 on Thursday. WisdomTree High Income Laddered Municipal Fund has a 52-week low of $24.10 and a 52-week high of $25.75. The business’s 50 day simple moving average is $25.54 and its two-hundred day simple moving average is $25.37.

WisdomTree High Income Laddered Municipal Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a $0.08 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 3.7%.

Hedge Funds Weigh In On 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 bought a new stake in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMYFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 at the end of the most recent reporting period.

About WisdomTree High Income Laddered Municipal Fund

(Get Free Report)

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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