Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 70,600 shares, a decline of 61.3% from the February 28th total of 182,400 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average trading volume of 1,200,000 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Wheeler Real Estate Investment Trust from a “sell” rating to a “hold” rating in a report on Thursday, March 6th.

Wheeler Real Estate Investment Trust Price Performance

Shares of NASDAQ WHLR opened at $3.80 on Friday. The firm has a market capitalization of $4.43 million, a PE ratio of 0.00 and a beta of 1.64. Wheeler Real Estate Investment Trust has a 1-year low of $3.32 and a 1-year high of $3,588.00. The business’s fifty day moving average price is $19.19 and its two-hundred day moving average price is $102.82.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last released its quarterly earnings results on Tuesday, March 4th. The real estate investment trust reported $92.30 EPS for the quarter. The firm had revenue of $27.59 million for the quarter.

About Wheeler Real Estate Investment Trust

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.