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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Free Report) was the recipient of a significant 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. Based on an average trading volume of 500,600 shares, the short-interest ratio is currently 0.1 days. Approximately 2.3% of the company’s shares are short sold.

Wheeler Real Estate Investment Trust Stock Performance

WHLR opened at $2.70 on Friday. Wheeler Real Estate Investment Trust has a one year low of $2.65 and a one year high of $717.60. The stock has a market capitalization of $3.15 million, a PE ratio of 0.00 and a beta of 1.51. The business’s 50 day moving average price is $8.57 and its 200 day moving average price is $21.82.

Wheeler Real Estate Investment Trust Company Profile

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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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