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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,900 shares, a growth of 383.3% from the February 28th total of 600 shares. Based on an average daily trading volume, of 4,900 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Wheeler Real Estate Investment Trust

A number of institutional investors have recently bought and sold shares of the company. Ursa Fund Management LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust in the fourth quarter valued at about $611,000. Nexpoint Asset Management L.P. acquired a new position in shares of Wheeler Real Estate Investment Trust during the 4th quarter worth approximately $251,000. Stilwell Value LLC purchased a new stake in Wheeler Real Estate Investment Trust in the 4th quarter valued at approximately $2,495,000. LPL Financial LLC acquired a new stake in Wheeler Real Estate Investment Trust during the 4th quarter valued at $70,000. Finally, Corbin Capital Partners L.P. purchased a new position in Wheeler Real Estate Investment Trust during the fourth quarter worth $152,000.

Wheeler Real Estate Investment Trust Trading Down 2.9 %

Shares of WHLRP opened at $3.76 on Friday. Wheeler Real Estate Investment Trust has a 52-week low of $1.39 and a 52-week high of $4.60. The company has a 50-day simple moving average of $4.02 and a 200-day simple moving average of $3.35.

Wheeler Real Estate Investment Trust Company Profile

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.