Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Short Interest Up 28.4% in January

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 25,806 shares, an increase of 28.4% from the December 31st total of 20,095 shares. Based on an average trading volume of 3,620 shares, the days-to-cover ratio is presently 7.1 days. Based on an average trading volume of 3,620 shares, the days-to-cover ratio is presently 7.1 days.

Wheeler Real Estate Investment Trust Price Performance

NASDAQ WHLRD opened at $38.50 on Monday. Wheeler Real Estate Investment Trust has a 12-month low of $28.70 and a 12-month high of $42.00. The firm has a 50-day moving average price of $37.43 and a two-hundred day moving average price of $36.16.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRD) is a real estate investment trust that specializes in the acquisition, ownership and management of single-tenant retail properties under long-term net leases. The company focuses on properties designed to generate stable, predictable income streams by transferring most property-level expenses—including taxes, insurance and maintenance—to its tenants.

The Trust’s portfolio comprises over 200 retail assets leased to a diversified mix of grocery stores, pharmacies, convenience concepts, fitness centers and other service-oriented operators.