WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Short Interest Down 20.4% in March

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 5,007 shares, a decline of 20.4% from the February 26th total of 6,291 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 3,287 shares, the short-interest ratio is currently 1.5 days.

WisdomTree Core Laddered Municipal Fund Price Performance

Shares of WisdomTree Core Laddered Municipal Fund stock opened at $25.59 on Wednesday. WisdomTree Core Laddered Municipal Fund has a 52 week low of $22.50 and a 52 week high of $26.30. The business has a 50 day moving average price of $26.01 and a 200-day moving average price of $25.90.

Institutional Investors Weigh In On WisdomTree Core Laddered Municipal Fund

Institutional investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC purchased a new stake in WisdomTree Core Laddered Municipal Fund in the 2nd quarter valued at $787,000. Jane Street Group LLC boosted its holdings in WisdomTree Core Laddered Municipal Fund by 12.1% during the 4th quarter. Jane Street Group LLC now owns 31,071 shares of the company’s stock worth $804,000 after acquiring an additional 3,351 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of WisdomTree Core Laddered Municipal Fund by 34.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,410 shares of the company’s stock worth $683,000 after acquiring an additional 6,817 shares in the last quarter.

About WisdomTree Core Laddered Municipal Fund

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.