Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Decreases By 95.5%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 1 shares, a drop of 95.5% from the December 15th total of 22 shares. Based on an average daily volume of 736 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 736 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Wheeler Real Estate Investment Trust in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Wheeler Real Estate Investment Trust Stock Up 5.4%

Wheeler Real Estate Investment Trust stock opened at $97.00 on Wednesday. Wheeler Real Estate Investment Trust has a 52-week low of $78.00 and a 52-week high of $183.36. The firm’s fifty day moving average is $93.78 and its 200 day moving average is $118.98.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRL) is a publicly traded real estate investment trust that acquires and owns single-tenant net leased properties critical to everyday consumer needs. The company’s portfolio is focused on net leased retail assets under long-term, triple-net leases, providing stable rental income while transferring most property-level expenses to tenants.

The trust’s holdings span a diverse range of property types, including restaurants, convenience stores, automotive service centers and other service-oriented businesses.