WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Stock Short Interest Rises 4,341.0%

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) saw a significant increase in short interest during the month of 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 daily trading volume, of 965 shares, the days-to-cover ratio is currently 8.0 days.

WisdomTree High Income Laddered Municipal Fund Trading Up 0.0%

WTMY stock traded up $0.01 during mid-day trading on Monday, reaching $24.43. 7 shares of the stock traded hands, compared to its average volume of 623. WisdomTree High Income Laddered Municipal Fund has a one year low of $23.74 and a one year high of $25.85. The business has a 50-day moving average price of $24.42 and a two-hundred day moving average price of $25.00.

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.