Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Sees Significant Decline in Short Interest

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 26,400 shares, a decrease of 67.6% from the January 31st total of 81,400 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average daily volume of 500,600 shares, the short-interest ratio is presently 0.1 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLR stock opened at $2.62 on Friday. The stock’s fifty day moving average price is $8.30 and its 200 day moving average price is $21.82. Wheeler Real Estate Investment Trust has a 1-year low of $2.57 and a 1-year high of $717.60. The company has a market cap of $3.05 million, a price-to-earnings ratio of 0.00 and a beta of 1.51.

Wheeler Real Estate Investment Trust Company Profile

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.