WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Sees Large Increase in Short Interest

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 761 shares, a growth of 200.8% from the April 30th total of 253 shares. Based on an average daily volume of 1,321 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

WisdomTree Core Laddered Municipal Fund Stock Up 0.1%

WisdomTree Core Laddered Municipal Fund stock opened at $25.62 on Friday. WisdomTree Core Laddered Municipal Fund has a 12-month low of $24.52 and a 12-month high of $28.39. The firm’s 50-day moving average is $25.67 and its two-hundred day moving average is $25.87.

Institutional Investors Weigh In On WisdomTree Core Laddered Municipal Fund

An institutional investor recently raised its position in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC increased its stake in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 34.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,410 shares of the company’s stock after acquiring 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 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.