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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,686 shares, a decrease of 59.4% from the March 15th total of 9,083 shares. Based on an average trading volume of 19,193 shares, the short-interest ratio is currently 0.2 days.

Wheeler Real Estate Investment Trust Trading Down 2.2%

Shares of WHLRP stock opened at $7.43 on Monday. The business’s 50 day simple moving average is $6.75 and its 200 day simple moving average is $5.32. Wheeler Real Estate Investment Trust has a one year low of $3.14 and a one year high of $7.75.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last announced its earnings results on Thursday, March 5th. The company reported ($2.67) EPS for the quarter. The company had revenue of $25.17 million during the quarter.

Institutional Trading of Wheeler Real Estate Investment Trust

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC raised its position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 57.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 197,292 shares of the company’s stock after acquiring an additional 71,992 shares during the quarter. Wheeler Real Estate Investment Trust comprises 0.9% of Ursa Fund Management LLC’s investment portfolio, making the stock its 5th biggest holding. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 at the end of the most recent quarter.

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.