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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 178,500 shares, a decline of 26.2% from the December 15th total of 242,000 shares. Currently, 13.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 531,500 shares, the days-to-cover ratio is presently 0.3 days.

Wheeler Real Estate Investment Trust Stock Up 21.3 %

Shares of NASDAQ WHLR opened at $2.85 on Friday. Wheeler Real Estate Investment Trust has a 12-month low of $2.28 and a 12-month high of $190.73. The firm’s 50-day simple moving average is $5.27 and its 200 day simple moving average is $7.16. The company has a market cap of $1.84 million, a price-to-earnings ratio of -0.01 and a beta of 1.54.

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.