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

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the recipient of a large drop in short interest in 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. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,093 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC lifted its position in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 34.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,410 shares of the company’s stock after buying an additional 6,817 shares during the period. Commonwealth Equity Services LLC owned approximately 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

WisdomTree Core Laddered Municipal Fund Stock Down 0.1%

Shares of WisdomTree Core Laddered Municipal Fund stock opened at $25.61 on Friday. WisdomTree Core Laddered Municipal Fund has a twelve month low of $24.52 and a twelve month high of $28.39. The firm’s 50-day moving average price is $25.76 and its 200 day moving average price is $25.89.

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.