WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Short Interest Update

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 264 shares, an increase of 312.5% from the December 15th total of 64 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 181 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 181 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.1% of the company’s shares are short sold.

WisdomTree High Income Laddered Municipal Fund Stock Up 0.2%

Shares of WTMY stock opened at $25.64 on Thursday. WisdomTree High Income Laddered Municipal Fund has a 52 week low of $24.10 and a 52 week high of $25.66. The firm has a 50 day moving average of $25.51 and a 200-day moving average of $25.26.

WisdomTree High Income Laddered Municipal Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 26th were paid a $0.085 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, December 26th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree High Income Laddered Municipal Fund stock. Hobbs Group Advisors LLC boosted its position in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) by 10.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 100,305 shares of the company’s stock after acquiring an additional 9,563 shares during the period. WisdomTree High Income Laddered Municipal Fund accounts for about 0.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 23rd biggest position. Hobbs Group Advisors LLC owned approximately 50.15% of WisdomTree High Income Laddered Municipal Fund worth $2,550,000 at the end of the most recent reporting period.

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.