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

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

Wheeler Real Estate Investment Trust Stock Down 3.0 %

Shares of WHLR traded down $0.13 during mid-day trading on Wednesday, hitting $4.22. 90,789 shares of the company’s stock were exchanged, compared to its average volume of 897,394. Wheeler Real Estate Investment Trust has a 52 week low of $3.89 and a 52 week high of $717.60. The stock’s 50-day simple moving average is $12.39 and its 200-day simple moving average is $22.98. The firm has a market cap of $675,200.00, a price-to-earnings 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.