Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Up 732.7% in June

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 247,300 shares, an increase of 732.7% from the May 31st total of 29,700 shares. Approximately 9.1% of the company’s shares are short sold. Based on an average trading volume of 521,700 shares, the short-interest ratio is currently 0.5 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLR stock traded up $2.28 during mid-day trading on Friday, reaching $15.53. The stock had a trading volume of 508,028 shares, compared to its average volume of 1,629,388. The stock’s 50-day moving average price is $14.14 and its two-hundred day moving average price is $24.27. Wheeler Real Estate Investment Trust has a 52-week low of $7.35 and a 52-week high of $1,130.40.

Institutional Trading of Wheeler Real Estate Investment Trust

An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Bandera Partners LLC acquired a new position in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,435,309 shares of the real estate investment trust’s stock, valued at approximately $743,000. Wheeler Real Estate Investment Trust accounts for 0.2% of Bandera Partners LLC’s holdings, making the stock its 18th biggest position. Bandera Partners LLC owned approximately 75.40% of Wheeler Real Estate Investment Trust at the end of the most recent quarter. Institutional investors own 35.28% of the company’s stock.

Wheeler Real Estate Investment Trust Company Profile

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.