WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 7,683 shares, an increase of 4,341.0% from the September 30th total of 173 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average trading volume of 965 shares, the days-to-cover ratio is presently 8.0 days.
WisdomTree High Income Laddered Municipal Fund Trading Down 0.2%
Shares of NASDAQ:WTMY opened at $24.44 on Wednesday. The firm’s 50-day moving average is $24.40 and its two-hundred day moving average is $25.16. WisdomTree High Income Laddered Municipal Fund has a 1 year low of $23.74 and a 1 year high of $25.85.
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.
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