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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 16,600 shares, a decrease of 57.1% from the August 31st total of 38,700 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 1.6 days.

Wheeler Real Estate Investment Trust Trading Up 0.0 %

Shares of NASDAQ WHLRD opened at $20.60 on Thursday. The business’s 50 day moving average price is $19.46 and its 200-day moving average price is $17.94. Wheeler Real Estate Investment Trust has a fifty-two week low of $9.50 and a fifty-two week high of $21.10.

Institutional Trading of Wheeler Real Estate Investment Trust

An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust makes up about 2.0% of Cable Car Capital LLC’s portfolio, making the stock its 17th largest position.

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.