WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Short Interest Down 41.1% in July

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 418 shares, a drop of 41.1% from the July 15th total of 710 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 221 shares, the days-to-cover ratio is currently 1.9 days.

WisdomTree High Income Laddered Municipal Fund Stock Down 0.4%

NASDAQ:WTMY opened at $25.04 on Wednesday. The company has a 50-day moving average of $25.29 and a 200 day moving average of $25.39. WisdomTree High Income Laddered Municipal Fund has a 1-year low of $24.13 and a 1-year high of $25.85.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC purchased a new position in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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.

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.