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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 26,400 shares, a decline of 67.6% from the January 31st total of 81,400 shares. Based on an average daily volume of 500,600 shares, the short-interest ratio is presently 0.1 days. Approximately 2.3% of the shares of the stock are short sold.

Wheeler Real Estate Investment Trust Price Performance

Shares of Wheeler Real Estate Investment Trust stock opened at $2.70 on Friday. The stock has a market cap of $3.15 million, a P/E ratio of 0.00 and a beta of 1.51. The stock’s 50 day simple moving average is $8.57 and its 200-day simple moving average is $21.82. Wheeler Real Estate Investment Trust has a 1-year low of $2.65 and a 1-year high of $717.60.

Wheeler Real Estate Investment Trust Company Profile

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.