Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Sees Significant Drop in Short Interest

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 7,600 shares, a drop of 67.9% from the October 31st total of 23,700 shares. Based on an average daily trading volume, of 18,700 shares, the days-to-cover ratio is presently 0.4 days.

Wheeler Real Estate Investment Trust Stock Up 1.2 %

Shares of NASDAQ WHLRD traded up $0.29 on Wednesday, hitting $25.13. The company’s stock had a trading volume of 16,561 shares, compared to its average volume of 12,300. Wheeler Real Estate Investment Trust has a 12-month low of $12.81 and a 12-month high of $27.48. The stock has a 50 day moving average of $24.40 and a 200-day moving average of $20.82.

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.