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

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 28 shares, a decline of 41.7% from the August 15th total of 48 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 341 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree High Income Laddered Municipal Fund Trading Down 0.2%

Shares of NASDAQ WTMY traded down $0.05 during midday trading on Wednesday, hitting $24.44. The company’s stock had a trading volume of 16 shares, compared to its average volume of 643. The business’s fifty day simple moving average is $25.02 and its two-hundred day simple moving average is $25.25. WisdomTree High Income Laddered Municipal Fund has a 1 year low of $24.13 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.