Short Interest in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Declines By 47.3%

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 253 shares, a drop of 47.3% from the April 15th total of 480 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,093 shares, the short-interest ratio is presently 0.2 days.

WisdomTree Core Laddered Municipal Fund Price Performance

WTMU stock opened at $25.61 on Friday. The company’s 50-day simple moving average is $25.76 and its 200-day simple moving average is $25.89. WisdomTree Core Laddered Municipal Fund has a 52-week low of $24.52 and a 52-week high of $28.39.

Institutional Investors Weigh In On WisdomTree Core Laddered Municipal Fund

An institutional investor recently raised its position in WisdomTree Core Laddered Municipal Fund stock. Jane Street Group LLC lifted its position in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 12.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,071 shares of the company’s stock after acquiring an additional 3,351 shares during the quarter. Jane Street Group LLC owned 7.77% of WisdomTree Core Laddered Municipal Fund worth $804,000 as of its most recent SEC filing.

WisdomTree Core Laddered Municipal Fund Company Profile

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.