Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Share Price Crosses Below 200 Day Moving Average of $0.28

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.28 and traded as low as $0.14. Wheeler Real Estate Investment Trust shares last traded at $0.14, with a volume of 98,468 shares traded.

Wheeler Real Estate Investment Trust Stock Performance

The stock’s 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.28. The company has a market capitalization of $9.39 million, a PE ratio of 0.00 and a beta of 1.58.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Stilwell Value LLC boosted its position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) by 17,568.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,871,187 shares of the real estate investment trust’s stock after buying an additional 20,753,058 shares during the period. Wheeler Real Estate Investment Trust accounts for approximately 4.7% of Stilwell Value LLC’s portfolio, making the stock its 4th biggest holding. Stilwell Value LLC owned about 646.17% of Wheeler Real Estate Investment Trust worth $6,368,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 35.28% of the company’s stock.

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.