Short Interest in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Increases By 200.8%

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

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC raised its holdings in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 34.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,410 shares of the company’s stock after buying an additional 6,817 shares during the quarter. Commonwealth Equity Services LLC owned about 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 at the end of the most recent quarter.

WisdomTree Core Laddered Municipal Fund Price Performance

WTMU traded up $0.04 on Friday, hitting $25.62. 2,782 shares of the company were exchanged, compared to its average volume of 3,657. The firm has a fifty day simple moving average of $25.67 and a two-hundred day simple moving average of $25.87. WisdomTree Core Laddered Municipal Fund has a 12 month low of $24.52 and a 12 month high of $28.39.

About WisdomTree Core Laddered Municipal Fund

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.