Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Rises By 2,161.1%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 81,400 shares, an increase of 2,161.1% from the January 15th total of 3,600 shares. Based on an average daily trading volume, of 468,600 shares, the short-interest ratio is currently 0.2 days. Approximately 7.0% of the company’s shares are sold short.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLR stock opened at $4.40 on Friday. The business has a 50-day moving average of $11.67 and a 200 day moving average of $22.73. Wheeler Real Estate Investment Trust has a 1-year low of $3.89 and a 1-year high of $717.60. The stock has a market capitalization of $704,000.00, a PE ratio of 0.00 and a beta of 1.51.

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.