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

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

Wheeler Real Estate Investment Trust Stock Performance

Shares of WHLRP opened at $3.68 on Thursday. Wheeler Real Estate Investment Trust has a 12-month low of $1.39 and a 12-month high of $4.60. The business’s fifty day moving average price is $4.01 and its 200 day moving average price is $3.35.

Hedge Funds Weigh In On Wheeler Real Estate Investment Trust

Institutional investors have recently made changes to their positions in the stock. Magnetar Financial LLC bought a new position in shares of Wheeler Real Estate Investment Trust in the fourth quarter worth $700,000. Corbin Capital Partners L.P. acquired a new stake in shares of Wheeler Real Estate Investment Trust in the fourth quarter valued at $152,000. Wolverine Asset Management LLC bought a new stake in Wheeler Real Estate Investment Trust in the fourth quarter worth about $180,000. Ursa Fund Management LLC acquired a new stake in Wheeler Real Estate Investment Trust in the 4th quarter valued at about $611,000. Finally, LPL Financial LLC acquired a new stake in Wheeler Real Estate Investment Trust in the 4th quarter valued at about $70,000.

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.