Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Increases By 383.3%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a significant growth in short interest in 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 currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Stilwell Value LLC acquired a new position in Wheeler Real Estate Investment Trust during the 4th quarter worth $2,495,000. Magnetar Financial LLC purchased a new position in shares of Wheeler Real Estate Investment Trust in the 4th quarter valued at about $700,000. Ursa Fund Management LLC acquired a new position in shares of Wheeler Real Estate Investment Trust during the fourth quarter worth about $611,000. Nexpoint Asset Management L.P. purchased a new stake in shares of Wheeler Real Estate Investment Trust during the fourth quarter worth approximately $251,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust during the fourth quarter worth approximately $180,000.

Wheeler Real Estate Investment Trust Stock Down 3.1 %

NASDAQ WHLRP opened at $3.75 on Friday. The stock has a 50-day moving average of $4.03 and a two-hundred day moving average of $3.36. Wheeler Real Estate Investment Trust has a 1-year low of $1.39 and a 1-year high of $4.60.

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.