Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Shares Down 1% – Time to Sell?

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was down 1% on Thursday . The company traded as low as $3.99 and last traded at $4.01. Approximately 8,035 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 6,648 shares. The stock had previously closed at $4.05.

Wheeler Real Estate Investment Trust Trading Down 1.0 %

The firm has a fifty day moving average of $3.92 and a two-hundred day moving average of $3.53.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

Large investors have recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new position in shares of Wheeler Real Estate Investment Trust during the fourth quarter valued at approximately $180,000. Magnetar Financial LLC purchased a new position in Wheeler Real Estate Investment Trust during the 4th quarter valued at $700,000. Corbin Capital Partners L.P. bought a new position in Wheeler Real Estate Investment Trust in the 4th quarter worth $152,000. LPL Financial LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust in the 4th quarter worth about $70,000. Finally, Stilwell Value LLC bought a new stake in shares of Wheeler Real Estate Investment Trust during the 4th quarter valued at about $2,495,000.

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.