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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 11,510 shares, a decrease of 55.6% from the February 26th total of 25,935 shares. Based on an average daily volume of 5,494 shares, the short-interest ratio is presently 2.1 days.

Wheeler Real Estate Investment Trust Trading Down 5.3%

NASDAQ WHLRD opened at $35.23 on Friday. Wheeler Real Estate Investment Trust has a fifty-two week low of $28.70 and a fifty-two week high of $42.00. The stock has a 50 day simple moving average of $38.14 and a two-hundred day simple moving average of $37.04.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRD) is a real estate investment trust that specializes in the acquisition, ownership and management of single-tenant retail properties under long-term net leases. The company focuses on properties designed to generate stable, predictable income streams by transferring most property-level expenses—including taxes, insurance and maintenance—to its tenants.

The Trust’s portfolio comprises over 200 retail assets leased to a diversified mix of grocery stores, pharmacies, convenience concepts, fitness centers and other service-oriented operators.