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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 9,083 shares, a drop of 23.8% from the February 26th total of 11,913 shares. Based on an average daily volume of 2,672 shares, the days-to-cover ratio is currently 3.4 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLRP stock opened at $7.00 on Friday. Wheeler Real Estate Investment Trust has a 12-month low of $3.00 and a 12-month high of $7.70. The firm has a 50-day moving average price of $6.50 and a 200 day moving average price of $5.10.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last issued its quarterly earnings data on Thursday, March 5th. The company reported ($2.67) earnings per share for the quarter. The business had revenue of $25.17 million for the quarter.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Susquehanna International Group LLP acquired a new position in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,857 shares of the company’s stock, 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.