Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Rises By 337.8%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRPGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 3,910 shares, a growth of 337.8% from the December 15th total of 893 shares. Based on an average daily volume of 5,596 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 5,596 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Magnetar Financial LLC purchased a new stake in Wheeler Real Estate Investment Trust in the second quarter valued at approximately $866,000. Ursa Fund Management LLC increased its holdings in shares of Wheeler Real Estate Investment Trust by 57.5% in the 3rd quarter. Ursa Fund Management LLC now owns 197,292 shares of the company’s stock worth $835,000 after buying an additional 71,992 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust during the 2nd quarter valued at $219,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Wheeler Real Estate Investment Trust during the 3rd quarter worth $67,000.

Wheeler Real Estate Investment Trust Stock Performance

WHLRP opened at $6.52 on Tuesday. Wheeler Real Estate Investment Trust has a one year low of $2.60 and a one year high of $6.56. The company has a fifty day moving average price of $4.44 and a 200-day moving average price of $4.14.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRPGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.83) earnings per share (EPS) for the quarter. The company had revenue of $23.82 million during the quarter.

Wheeler Real Estate Investment Trust Company Profile

(Get Free Report)

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.

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