Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Trading Up 2.2% – Here’s What Happened

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) shares rose 2.2% on Thursday . The company traded as high as $9.50 and last traded at $9.1950. 241 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 14,356 shares. The stock had previously closed at $9.00.

Wheeler Real Estate Investment Trust Trading Up 2.2%

The company’s fifty day moving average is $9.59 and its 200 day moving average is $8.00.

Institutional Trading of Wheeler Real Estate Investment Trust

A hedge fund recently raised its position in Wheeler Real Estate Investment Trust stock. Susquehanna International Group LLP grew its stake in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 13.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,855 shares of the company’s stock after buying an additional 1,423 shares during the quarter. Susquehanna International Group LLP’s holdings in Wheeler Real Estate Investment Trust were worth $119,000 at the end of the most recent quarter.

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.