Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Trading 6.5% Higher – What’s Next?

Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) were up 6.5% during trading on Monday . The company traded as high as $7.03 and last traded at $7.03. Approximately 7,101 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 30,342 shares. The stock had previously closed at $6.60.

Wheeler Real Estate Investment Trust Trading Up 6.5%

The firm’s fifty day moving average is $5.76 and its 200-day moving average is $4.61.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WHLRP. Magnetar Financial LLC bought a new stake in Wheeler Real Estate Investment Trust during the 2nd quarter worth $866,000. Ursa Fund Management LLC boosted its stake in shares of Wheeler Real Estate Investment Trust by 57.5% during the third quarter. Ursa Fund Management LLC now owns 197,292 shares of the company’s stock valued at $835,000 after purchasing an additional 71,992 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in shares of Wheeler Real Estate Investment Trust during the second quarter worth about $219,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Wheeler Real Estate Investment Trust in the third quarter valued at approximately $67,000.

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.