Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Rises By 199.1%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 242,000 shares, a growth of 199.1% from the November 30th total of 80,900 shares. Approximately 18.5% of the company’s stock are short sold. Based on an average daily trading volume, of 658,400 shares, the short-interest ratio is presently 0.4 days.

Wheeler Real Estate Investment Trust Stock Performance

Wheeler Real Estate Investment Trust stock opened at $3.80 on Friday. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.62 and a fifty-two week high of $243.29. The stock’s 50 day simple moving average is $7.20 and its two-hundred day simple moving average is $7.90. The stock has a market cap of $2.46 million, a price-to-earnings ratio of -0.01 and a beta of 1.43.

About Wheeler Real Estate Investment Trust

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.