Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Increases By 25.0%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,500 shares, a growth of 25.0% from the October 15th total of 3,600 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is presently 0.5 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLRP opened at $3.25 on Friday. The company’s 50-day simple moving average is $2.96 and its 200-day simple moving average is $2.45. Wheeler Real Estate Investment Trust has a 1 year low of $1.11 and a 1 year high of $3.74.

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.