Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 3,307 shares, a decline of 52.8% from the April 30th total of 7,010 shares. Based on an average daily trading volume, of 1,365 shares, the days-to-cover ratio is currently 2.4 days.

Wheeler Real Estate Investment Trust Stock Down 2.4%

Shares of NASDAQ:WHLRP opened at $7.91 on Monday. The firm’s 50 day moving average price is $7.12 and its 200 day moving average price is $6.03. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.14 and a fifty-two week high of $8.24.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last posted its quarterly earnings results on Friday, May 8th. The company reported ($14.55) EPS for the quarter. The business had revenue of $24.01 million for the quarter.

Institutional Trading of Wheeler Real Estate Investment Trust

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC lifted its stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 57.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,292 shares of the company’s stock after buying an additional 71,992 shares during the period. Wheeler Real Estate Investment Trust makes up 0.9% of Ursa Fund Management LLC’s investment portfolio, making the stock its 5th largest holding. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wheeler Real Estate Investment Trust Company Profile

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.