Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Up 199.1% in December

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 242,000 shares, an increase of 199.1% from the November 30th total of 80,900 shares. Based on an average daily volume of 658,400 shares, the short-interest ratio is currently 0.4 days. Currently, 18.5% of the company’s stock are short sold.

Wheeler Real Estate Investment Trust Stock Performance

Shares of WHLR opened at $3.53 on Friday. Wheeler Real Estate Investment Trust has a one year low of $3.49 and a one year high of $243.29. The stock has a 50-day moving average price of $7.20 and a 200 day moving average price of $7.90. The company has a market capitalization of $2.28 million, a P/E ratio of -0.01 and a beta of 1.43.

About Wheeler Real Estate Investment Trust

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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.

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