Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,910 shares, a growth of 337.8% from the December 15th total of 893 shares. Based on an average trading volume of 5,596 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 5,596 shares, the days-to-cover ratio is presently 0.7 days.

Wheeler Real Estate Investment Trust Stock Down 5.7%

Wheeler Real Estate Investment Trust stock opened at $6.11 on Wednesday. Wheeler Real Estate Investment Trust has a 1 year low of $2.60 and a 1 year high of $6.56. The business has a 50 day moving average of $4.48 and a 200-day moving average of $4.15.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last issued its earnings results on Thursday, November 6th. The company reported ($0.83) earnings per share (EPS) for the quarter. The company had revenue of $23.82 million for the quarter.

Institutional Trading of Wheeler Real Estate Investment Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP purchased a new stake in Wheeler Real Estate Investment Trust in the third quarter valued at about $67,000. Wolverine Asset Management LLC acquired a new position in Wheeler Real Estate Investment Trust in the 2nd quarter worth about $219,000. Ursa Fund Management LLC raised its stake in shares of Wheeler Real Estate Investment Trust by 57.5% during the 3rd quarter. Ursa Fund Management LLC now owns 197,292 shares of the company’s stock worth $835,000 after buying an additional 71,992 shares during the period. Finally, Magnetar Financial LLC purchased a new position in Wheeler Real Estate Investment Trust during the second quarter valued at $866,000.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRP) is a real estate investment trust that specializes in the acquisition and management of single-tenant retail and industrial properties under long-term, triple-net leases. The company’s investment strategy focuses on securing creditworthy tenants—often in sectors such as automotive services, fast food, medical services and banking—to generate stable, predictable rental income over the life of each lease.

Wheeler REIT’s portfolio spans a broad range of lower-middle market properties across the United States, offering geographic diversification and reducing exposure to any single market or tenant.