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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,900 shares, a growth of 383.3% from the February 28th total of 600 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

Several hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC purchased a new position in shares of Wheeler Real Estate Investment Trust during the 4th quarter worth about $180,000. Magnetar Financial LLC acquired a new position in Wheeler Real Estate Investment Trust during the fourth quarter worth approximately $700,000. Corbin Capital Partners L.P. purchased a new position in Wheeler Real Estate Investment Trust during the fourth quarter worth approximately $152,000. LPL Financial LLC acquired a new position in shares of Wheeler Real Estate Investment Trust in the 4th quarter valued at $70,000. Finally, Stilwell Value LLC acquired a new position in shares of Wheeler Real Estate Investment Trust in the 4th quarter valued at $2,495,000.

Wheeler Real Estate Investment Trust Stock Down 2.9 %

WHLRP stock opened at $3.76 on Friday. The company has a 50 day moving average price of $4.02 and a two-hundred day moving average price of $3.35. Wheeler Real Estate Investment Trust has a one year low of $1.39 and a one year high of $4.60.

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.